Managerial entrenchment means that managers ________ and run the firm for their own best interests
A) may face little threat of being fired
B) are overseen by equity holders
C) are overseen by debt holders
D) are well compensated
Answer: A
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When the customer's perception of the service delivered by a retailer fails to meet the customer's expectations, a(n) ________ results.
A. standardized service B. assurance C. personalized service D. service gap E. procedural fairness
Runyon was ready to sign a two-year agreement with Barnett Corp to become Barnett's sales representative for a three-state area. LaPrise, who wants to be the representative for that area, threatens Runyon with bodily harm if he takes the position. Runyon decides his physical well being is more important to him than the job, so he does not accept the position. LaPrise
a. committed tortious interference with a contract. b. committed tortious interference with a prospective advantage. c. committed a battery. d. caused a breach of contract and committed the tort of intrusion.
Which of the following is the correct formula for calculating total mixed cost?
A) Total mixed cost = (Variable cost per unit / Number of units) + Total fixed cost B) Total mixed cost = (Variable cost per unit x Number of units) - Total fixed cost C) Total mixed cost = (Variable cost per unit x Number of units) + Total fixed cost D) Total mixed cost = (Variable cost per unit / Number of units) - Total fixed cost
Management's objective is to get labor costs per unit of output to a point below that of the ________ at the product-line level.
A. national average B. projected company goal C. competition D. previous year