A manager who first offers an opportunity to disinterested directors or shareholders who turn it down has the right to take advantage of the opportunity herself.
Answer the following statement true (T) or false (F)
True
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Many companies use MACRS (Modified Accelerated Cost Recovery System) depreciation for
a. financial reporting purposes and a different method for tax purposes. b. financial reporting purposes because depreciation is not allowed for tax purposes. c. tax purposes because it results in a larger net income in the early years of a plant asset's life d. tax purposes because of a desire to report higher expenses in early years in order to pay lower taxes.
This question has two parts; be sure to answer both. First, explain the five positive bureaucratic features that Max Weber believed contributed to a better-performing organization. Second, imagine that you are the manager of a small catering company that specializes in catering outdoor events, such as weddings and graduation parties. Apply each of Weber's five bureaucratic features to your business, explaining how you will use each to your advantage.
What will be an ideal response?
Which statement(s) is(are) true concerning affirmative action plans?
A) If an affirmative action plan is based on prior established numbers or percentage quotas for hiring or promoting minority applicants, this causes illegal reverse discrimination. B) To be lawful, an affirmative action plan must be tailored to achieve some compelling interest. C) Although legal affirmative action plans cause an effect on members of majority classes, this affect is generally not actionable by the members of the majority class who are affected. D) B and C only E) A, B, and C
Grand Products is a price-setter that uses the cost-plus pricing approach for pricing its products
These products are unique, artistically designed architectural decorations. Grand produces and sells 6,200 units per year, which represent maximum capacity. Variable costs are $300 per unit. Total fixed costs are $910,000 per year. The CEO has a target of $60,000 in operating income, which he wants to achieve by year-end. Using the cost-plus pricing method, what sales price should Grand use? (Round your answer to the nearest cent.) A) $309.68 per unit B) $446.77 per unit C) $456.45 per unit D) $156.45 per unit