________ are resources that combine to allow a firm to do things better than its competitors.
A. Measurable goals
B. Capabilities
C. Analytical tools
D. Trade-outs
Answer: B
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Innovativeness refers to creating autonomous work units and encouraging independent action.
Answer the following statement true (T) or false (F)
In Lee v. R&K Marine, where a boat that Lee bought became unusable after only three years when it fell apart, and the seller had expressly disclaimed all warranties, the court held:
a. Lee had no case because all the warranties on the boat expired after 2 years b. Lee had no case because boats are one of the types of goods not covered by warranties c. Lee had a case because the defective boat endangered his life d. Lee had a case because the retailer's disclaimer did not meet all the UCC requirements e. none of the other choices are correct
Cashier's checks are frequently used in transactions where:
a. the buyer is trustworthy b. the seller demands guaranteed payment c. the seller is overpaying for the goods d. the seller and buyer know each other well e. the buyer does not have enough money to buy the goods
The following data concern an investment project (Ignore income taxes.): Investment in equipment$180,000 Annual net cash inflows$42,000 Salvage value of the equipment$70,000 Working capital required$20,000 Life of the project 5yearsRequired rate of return 12%The working capital will be released for use elsewhere at the conclusion of the project.Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.Required:Compute the project's net present value.
What will be an ideal response?