Answer the following statements true (T) or false (F)
1. To create goal congruence, some firms prefer calculating ROI based on the gross book value of asset.
2. If upper management uses a short time frame to calculate ROI and RI, division managers have an incentive to take actions that will lead to an immediate increase in these measures
3. If managers are measured on short-term financial performance only, they may not introduce new products
4. The limitations of financial performance measures reinforce the importance of the balanced scorecard.
5. The transfer price is the transaction amount of one unit of goods when the transaction occurs between the company and its customers.
1. TRUE
2. TRUE
3. TRUE
4. TRUE
5. FALSE
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The country-of-origin effect is always positive in a customer's perception.
Answer the following statement true (T) or false (F)
Andy Acer was a mature student at Ranier College. He sold his textbooks
to Jane Deller for $500, but in addition, Jane agreed to tutor Andy in his math course. Andy delivered the books to Jane who paid him $500. Jane tutored Andy for half of the math course when he died in the middle of the semester. Andy's daughter, Katie Acer, who was also enrolled at Ranier, signed up for the math course the semester following her father's death. She demanded that Jane tutor her in the course. Which of the following statements applies? A) Jane must tutor Katie in math B) Jane must return the $500 to Katie C) there is no privity of contract between Katie and Jane therefore Katie is not entitled to the benefit of Jane's tutoring; D) Katie is entitled to damages equivalent to the cost of one semester of tutoring E) Both B and D
Most stockholders attend a corporation's annual meeting and vote in person.
Answer the following statement true (T) or false (F)
Which of the following is an example of repeated measures data?
a. sales figures this year and last year b. yearly performance evaluations over the past three years c. employee turnover for the past five years d. all of the above