Jill scores low on the personality trait of extraversion. She will most likely
A) be careless about details.
B) be agreeable and outgoing.
C) have unpredictable mood swings.
D) be quiet and reserved in most social settings.
Answer: D
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At the Acme Global Corporation, the human resources department provides limited services to the organization. These services include things like keeping track of job applicants, maintaining employee paperwork, and filing annual performance evaluations. This view of the HR department is consistent with the ______ view of human resource management.
A. 21st century B. traditional C. sustainable D. revenue center Ans: B
Significant sunk costs are relevant to decisions about the future.
Answer the following statement true (T) or false (F)
Dodger bought an insurance contract from Liberty Farm Co The policy contained a clause stating that all claims for losses had to be reported within 45 days after the date of the loss or the claim would be barred. Time is stated to be of the essence. Dodger sustained a covered farm loss, but did not report it to Liberty Farm until 50 days later. Liberty Farm denied coverage for the claim. If
Dodger sues, who wins? a. Dodger wins; the contract was substantially performed. b. Liberty Farm wins; there was failure of a condition subsequent. c. Dodger wins; courts will not enforce a time-of-the-essence clause. d. Liberty Farm wins; the impossibility doctrine applies.
Value Electronics uses a standard part in the manufacture of different types of radios
The total cost of producing 25,000 parts is $95,000, which includes fixed costs of $40,000 and variable costs of $55,000. The company can buy this part from an external supplier for $3 per unit and avoid 20% of the fixed costs. If Value Electronics decides to outsource the production of the part, how will it impact its operating income? A) Operating income increases by $12,000. B) Operating income decreases by $12,000. C) Operating income increases by $20,000. D) Operating income decreases by $20,000.