An agreement among competitors to control the supply of their products to the market violates the Sherman Act

Indicate whether the statement is true or false


True

Business

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In the formula for the skip interval, the sample size is divided by the population list size

Indicate whether the statement is true or false

Business

Helmsman Products sells a special type of navigation equipment for $1200. Variable costs are $800 per unit. When a special order arrived from a foreign contractor to buy 44 units at a reduced sales price of $1000 per unit, there was a discussion among the managers. The controller said that as long as the special price was greater than the variable costs, the sale would contribute to the company's profits and should be accepted as offered. The vice president, however, decided to decline the order. Which of the following statements supports the decision of the vice president?

A) The order is not likely to affect the regular sales. B) The company is operating at 70% of its production capacity. C) The variable costs of $800 includes variable costs of packing the product. D) The company will need to hire additional staff to execute this order.

Business

Answer the following statements true (T) or false (F)

1.In business, learning is any relatively permanent change in behavior that occurs as a result of experience or practice. 2.On-the-job training is a training method that simulates a real-life situation to teach students what actions to take in the event that they encounter a similar situation on the job. 3.After training, reaction evaluations measure how the individual responds to the actual training process. 4.After training, ability evaluations try to determine whether or not individual behavioral changes have improved organizational results. 5.Employee development is the individually perceived sequence of attitudes and behaviors associated with work-related experiences and activities over the span of the person’s life.

Business

If Barton Company purchases a minority active interest in Laramie Company for $150,000, Barton will make which of the following entries to record the purchase using the equity method?

a. Equity in Laramie Company 150,000 Cash 150,000 b. Investment in Laramie Company 150,000 Cash 150,000 c. Deferred Revenue--Laramie Company 150,000 Cash 150,000 d. Common Stock--Laramie Company 150,000 Cash 150,000 e. Paid-in-Capital--Laramie Company 150,000 Cash 150,000

Business