Bob Hill’s hourly rate is $25.00, and he worked 38 hours during the week. What is his gross pay for the week?
A) $1,230
B) $890
C) $1,300
D) $950
$950
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Tosho Electronics, a leading Japanese, electronic manufacturer believes shorter product life cycles of new products reduces the scope for R&D and innovation. Offer a possible reason for shorter lifecycles
What will be an ideal response?
Which of the following statements is TRUE of the factors that affect an advertising budget?
A) High-market-share brands usually require proportionately high advertising expenditure as a percentage of sales to maintain share. B) Brands in less-differentiated or commodity-like product classes require less advertising to establish a unique image. C) New products typically merit large advertising budgets to build awareness and to gain consumer trial. D) In a market with few competitors and moderate advertising spending, a brand must advertise more heavily to be heard. E) Established brands usually are supported with high advertising budgets, measured as a ratio to sales.
Firms frequently sign contracts promising to pay defined amounts in the future in return for future benefits. If the firm has not received past or current benefits, but will receive the benefits in the future, accounting treats the obligation as a(n) _____ contract and typically _____
a. contingent; does recognize a liability b. executory; does not recognize a liability c. executory; does recognize a liability d. contingent; does not recognize a liability e. future; does recognize a liability
Face-to-face communication is a lean medium because it usually involves little written material
Indicate whether the statement is true or false