Which of the following is NOT a consequence of advances in technology?

a. Companies can stay ahead of the competition.
b. Companies can avoid product obsolescence.
c. Companies can introduce new products and services that are less expensive.
d. Companies can shorten the product life cycle.


d. Companies can shorten the product life cycle.

Business

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One avenue for overcoming cognitive biases involves involving a third party as mediator. How does this change a negotiators perceptions and bias?

What will be an ideal response?

Business

The opposite of a certification election is a _______________________________.

Fill in the blank(s) with the appropriate word(s).

Business

Eller Company uses a periodic inventory system. Relevant inventory information for the year follows: 1-Jan Beginning inventory20 units @ $170 per unit23-May Purchased20 units @ $135 per unit5-Nov Purchased400 units @ $185 per unit18-Nov Purchased100 units @ $195 per unitAt year-end, 50 units remain in inventory. What is the cost of the ending inventory on a LIFO basis?

A. $7,950 B. $7,100 C. $8,750 D. $8,450

Business

Work sampling can be used to estimate the proportion of time spent by people or machines on activities

Indicate whether the statement is true or false

Business