If two variables are negatively correlated, an increase in one variable ______.
A. has a proportional increase in the other variable
B. is associated with a decrease in the other variable
C. is associated with an increase in the other variable
D. has no effect on the other variable
B. is associated with a decrease in the other variable
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A performance report for variable overhead reveals:
A) the aggregate variable overhead spending and efficiency variances B) the volume and spending variances C) the spending and efficiency variances for each variable overhead item D) both the aggregate variable overhead spending and efficiency variances and the spending and efficiency variances for each variable overhead item E) both the volume and spending variances and the spending and efficiency variances for each variable overhead item
Which of the following are isolating mechanisms identified by Penrose?
a. Path dependencies in resource development b. Firm-specific knowledge possessed by managers c. Entrepreneurial vision of managers d. All of the above
In dealing with business models, managers need to consider only quantitative data while making decisions in practice
Indicate whether the statement is true or false
Other things held constant, the lower a firm's tax rate, the more logical it is for the firm to use debt.
Answer the following statement true (T) or false (F)