Studies suggest that if firms could get almost 4 percent more work out of each employee, the GDP in the United States would increase by $355 billion.

Answer the following statement true (T) or false (F)


True

Business

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Marketers classify convenience products as ________

A) staples, impulse products, and emergency products B) specialty products, shopping products, and unsought products C) core products, actual products, and augmented products D) generic products and branded products E) attribute-based products and price-based products

Business

Which of the following statements is true of the impact of tax on the cost of capital of a firm??

A. ?All else being equal, an increase in the corporate tax rate results in a decrease in the weighted average cost of capital. B. ?The before-tax cost of debt is the cheapest component of the cost of capital since the tax paid is a deductible expense. C. ?The before-tax cost of debt is always less than the after-tax cost of debt of a firm. D. ?The tax paid on dividends of preferred stock reduces the amount of funds that the firm can use for financing capital budgeting projects. E. ?All else being equal, an increase in the equity capital that a firm raises by retaining earnings results in in the increase in the tax rate applicable to the firm.

Business

Planning is often called the primary management function because it

A. it establishes the basis for all the other things managers do B. first-level supervisors make the plans C. ?senior-level managers make the overall plan for the whole organization D. it is concerned first with means then with ends E. it happens first

Business

Posterior probabilities are computed using

a. the classical method b. Chebyshev's theorem c. the empirical rule d. Bayes' theorem

Business