Compound interest is computed quarterly on $700 for seven years at 12 percent annual interest. The future value table is used by multiplying the $700 by which factor?

A) 28 periods at 3 percent
B) 7 periods at 3 percent
C) 7 periods at 12 percent
D) 28 periods at 7 percent


A

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Phil believes that the dealership should lower car prices to capture a higher share of the market. Which statement best supports Phil's argument?

A) Short-term profits will not be affected by lower prices if a firm is an e-retailer. B) Competitors will lower prices to gain market share, and a price war will ensue. C) Firms with large market shares are publicly owned but less strictly monitored. D) A temporary reduction in profits could lead to long-term future profits because of greater market share. E) A company with the largest share of the market can cut costs and raise prices without the public noticing or switching to competitors.

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The legislative branch is permitted to authorize existing administrative agencies to enforce new statutes

Indicate whether the statement is true or false

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One dimension of GLOBE research on culturally based shared conceptions of leadership is ______, which is the ability to inspire, motivate, and expect high performance from others on the basis of firmly held core beliefs.

A. team oriented B. charismatic/value based C. participative D. humane oriented

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Vijay, who works in the marketing department, meets monthly with a colleague from the research department to ensure marketing stays apprised of any potential new technologies. Vijay is performing a(n) ________ role.

A. task force B. integrating C. cross-functional D. liaison E. chain of command

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