At an auction for the first time, Max bids on an object, believing that it is worth more than the price asked. When the item proves to be less valuable, Max is
A. liable on the bid.
B. not liable on the bid because Max misestimated the value.
C. not liable on the bid because the auctioneer misstated the value.
D. not liable on the bid because the object was probably overpriced.
Answer: A
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In the virtual world, it is more complex but much less costly to manipulate the independent variable and control for mediating variables than it is in the real world
Indicate whether the statement is true or false
Which element below is explained as increasing the scope of a job to make it more complex, stimulating, and satisfying for employees?
A. job purpose B. job enrichment C. job enlargement D. job rotation
Taylor manufactures 12,000 units of a part used in its production to manufacture guitars. The annual production activities related to this part are as follows: Direct materials, $24,000 Direct labor, $60,000 Variable overhead, $54,000 Fixed overhead, $84,000 Best Guitars, Inc, has offered to sell 12,000 units of the same part to Taylor for $22 per unit. If Taylor were to accept the offer, some of
the facilities presently used to manufacture the part could be rented to a third party at an annual rental of $18,000 . Moreover, $4 per unit of the fixed overhead applied to the part would be totally eliminated. What should Taylor's decision be, and what is the total cost savings that would result? a. Make, $60,000 b. Buy, $60,000 c. Make, $78,000 d. Buy, $78,000
Tweets are limited to 140 characters or less. Why do experts feel tweets should be even shorter?
A) Shorter tweets allow the user to send out several tweets in a row to "tell a story". B) Shorter tweets aid in the ability to retweet the message. C) Users have a short attention span and won't read a tweet of 100 or more words. D) Twitter will automatically change links to a length of 22 characters. E) Shorter tweets allow the use of more visual aids and emoticons.