Legal detriment means the obtaining by the promisor of that which he had no prior legal right to obtain
Indicate whether the statement is true or false
False
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Answer the following statements true (T) or false (F)
1. In the planning/control cycle, managers take corrective action by correcting deviations in the plan being carried out or by improving future plans. 2. Mr. Smith, CEO of an auto dealership, has been working on the two planning steps of the planning/control cycle with his managers. To do this, Mr. Smith and his managers need to make their plan and then carry out the plan. 3. Donna's Restaurant is a popular café that specializes in home-cooked meals, friendly service, and a menu that contains vegan and vegetarian dishes, (menu items that no other restaurant in the area offers). Donna's Restaurant is engaging in strategic positioning by offering the unique menu items of vegan and vegetarian dishes. 4. A and B Office Supply, a small family-owned company, sells high-priced desks, some as expensive as $10,000, to executives in its area. Very few companies have chosen to market this product, and A and B has enjoyed record profits over the last 25 years. A and B Office Supply is an example of a company that would typically not choose to utilize strategic planning.
Claxton Company purchased a van on January 1, 2018, for $820,000. Estimated life of the van was five years, and its estimated residual value was $103,000. Claxton uses the straight-line method of depreciation. At the beginning of 2020, the company revised the total estimated life of the asset from five years to four years. The estimated residual value remained the same as estimated earlier. Calculate the depreciation expense for 2020.
A) $266,600 B) $215,100 C) $107,550 D) $133,300
The coefficient of determination has a value between ______.
A. 0 and 1 B. –1 and +1 C. –? and +? D. –1 and 0
Which of the following is a trend in the delivery of training?
A. a reduction in the number of courses that do not directly address a business need B. more training delivered through massed practice C. training courses of shorter duration D. both a and c E. all of the above