A corporation is liable for the torts committed by its officers within the course and scope of their employment.
Answer the following statement true (T) or false (F)
True
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Even a narrow segment can be served profitably with a standardized product if the segment exists in several countries
Indicate whether the statement is true or false
Ragged Edge Arts is considering replacing its long-arm sewing machine. The new long-arm machine costs $150,000 . The expected life of the machine is expected to be 5 years, the residual value will be negligible, and the machine will generate an annual cash flow of $50,000 and annual operating income of $45,000 . What is the estimated cash payback period for the machine?
a. 4 years b. 3 years c. 1 year d. 2 years
Which of the following is not one of the descriptions of creativity?
a. Any action that leads to results, which are novel, useful, and predictable. b. Seeing things that everyone around us sees while making connections that no one else has made. c. The process of change from what is and has been to what might not be. d. The entire process by which ideas are generated, developed and transformed into value.
The additivity assumption may fail under certain conditions such as:
a. Economies of scale b. Buy one, get a second item of an equal or lower price for free. c. Both a and b d. Neither a nor b