Because the NPV and PI methods both yield the same accept/reject decision, a company attempting
to rank capital budgeting projects for funding consideration can use either method and get the
same results.
Indicate whether the statement is true or false
FALSE
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In general, teams suffer process loss because of ________ cohesion, ________ trust among members, a lack of appropriate norms or standard operating procedures, or a lack of shared understanding among team members about their tasks.
A. low; low B. low; high C. high; low D. high; high
The owner of the new Sharp Scissors hair salon gave coupons to potential customers walking by her store to stimulate interest and offer a trial of her new hair salon. The coupons are an example of
A. a channel of distribution. B. advertising. C. publicity. D. sales promotion. E. media.
Consumers who are innovators tend to be young and well educated.
Answer the following statement true (T) or false (F)
Which of the following is true of labor market competition?
A. An indirect payment such as Social Security, a major component of labor costs, is not included in calculating the average cost of an employee. B. Labor market competition places a lower bound on pay levels. C. The labor market places an upper bound on labor costs and compensation. D. The upper bound placed by the labor market is more constrictive when labor costs are a very small share of the total costs. E. The labor market focuses primarily on competing through providing a quality product or service at a competitive price in the market.