Merit increase is the extra compensation paid for all production over a specified standard amount.

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


False

Business

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Maximizing profits has been and continues to be a dominant factor in price setting

Indicate whether the statement is true or false

Business

Under which of the following conditions does a promissory estoppel provide for the enforceability of an oral contract?

A) when the promise induces action or forbearance of action by another B) when the reliance on the oral promise was unforeseeable C) when enforcing the oral promise provides for faster resolution of the case D) when the oral promise provides for reduced damages to the defendant

Business

Delilah Watson, Chief Operating Officer of Glenmore Products, told her human resources manager, "Obviously, the individual managers in our organization have different skills. But, following our implementation of a(n) ________ approach, our management has been much more successful, consistent, and efficient in decision making-including for issues that are nonroutine and unpredictable. Much of the variability has been successfully eliminated."

A. quantitative management B. flexible C. administrative D. human relations E. bureaucratic

Business

The three sections of the statement of cash flows report only activities that involve cash

Indicate whether the statement is true or false

Business