Net present value (NPV) assumes that intermediate cash inflows are reinvested at the cost of capital, whereas internal rate of return (IRR) assumes that intermediate cash inflows can be reinvested at a rate equal to the project's IRR
Indicate whether the statement is true or false
TRUE
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Describe what the work of quality gurus like W. Edwards Deming and J. M. Juran convinced other managers to do.
What will be an ideal response?
Companies that produce large numbers of standardized products within a particular batch would most likely use which type of costing?
A) Process costing B) Job costing C) Operations costing D) Normal costing
Margaret tells the members of the Raleigh Association of Restaurant Owners that they will be able to get a better price on linen supplies (tablecloths, napkins) if they will deal with one supplier rather than split their business between two. They all know Margaret deals with Niagara Linen rather than Cayuga. Under the Sherman Act, if they all sign contracts with Niagara:
a. there is no violation since there is no express agreement to boycott Cayuga. b. illegality may be implied from this conduct. c. there is no concerted action. d. this is horizontal market allocation.
The source of referent power is
A. subordinate identification with the leader. B. derived from the fact that the manager can potentially act as a reference when the employee applies for another job. C. leader identification with the subordinates. D. derived from manager ability to provide effective incentives to employees.