A compensation plan with a larger base-salary component and a smaller commission component is most effective for driving salespersons to acquire new businesses
Indicate whether the statement is true or false
FALSE
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Composite depreciation is applied to homogeneous assets which have similar service lives and residual values
Indicate whether the statement is true or false
In a Six Sigma process, a defect is ______.
a. anything that falls outside of customer specifications limits (USL and LSL) b. something that occurs less than 99.9997% of the time c. anything that does not meet government regulations d. anything that does not meet ISO requirements
Which of the following is NOT one of the main categories of reasons for small-business failure?
a. planning oversights b. poor managerial qualities c. inadequate business methods d. under financing e. little tax knowledge
Bob's brother, Steve, planned to visit over Labor Day weekend. Together they planned to build a deck in Bob's backyard. Bob ordered the lumber, concrete, nails, and other supplies to be delivered on Friday. He also contracted to rent a saw for the
weekend (Sat., Sun., and Mon.) at a cost of $20 a day. When he went to pick up the saw, the store had rented it to someone else. He drove all over town trying to borrow another, but he could only get one for Sunday, Monday, and Tuesday at a cost of $50 per day. Because they couldn't work on Saturday without a saw, Bob had to hire Mac at a cost of $80 to work with him on Tuesday and, of course, Bob had to take off from work. Calculate the damages to which Bob is entitled from the rental company. Explain.