Banning the use of ____________________ is one of the labor movement's top legislative priorities.
A. offensive lockouts
B. temporary strike replacements
C. permanent strike replacements
D. defensive lockouts
C. permanent strike replacements
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Which of the following is an example of line extensions?
A) introduction of the personal computer B) a firm's entry into various packaged food categories C) introduction of a new flavor of ice crème by a company D) introduction of improved version of a detergent powder by a firm
In a recent meeting with the CEO and top executive management team, an HR manager was asked to present several possible HR responses to the economic downturn, including layoffs. This responsibility best illustrates the HR manager's role as:
A. Navigator B. Builder C. Change partner D. Controller
Opportunity costs arise when the choice of one course of action eliminates the possibility of another course of action
Indicate whether the statement is true or false
A company needed a new building. It found a suitable location with an existing old building on the land. The company reached an agreement to buy the land and the building for $960,000 cash. The old building was demolished to make way for the needed new building. Following is information regarding the demolition of the old building and construction of the new one: Construction cost of new building $8,900,000Cost for parking lot………………………………………. $260,000Demolition of old building…………………………………. 200,000Proceeds from sale of salvaged materials from old building 70,000Prepare a single journal entry to record the above costs assuming all transactions are paid in cash.
What will be an ideal response?