Scenario-JG SawmillsTo meet the high production demand, Jack Wilson-the owner of JG Sawmills-needs to invest in a frame saw. He has narrowed down to two choices: a double cut frame CZ84 saw with chipper and a HY-200 saw with double arbor bearings. The cost of CZ84 will be $91,000, whereas the cost of HY-200 will be $110,000. The salvage value of each type is $0 (zero) and both will have a useful life of 4 years.
Which of the following is a disadvantage of renting capital assets?
A. It requires the business to make regular, timely payments.
B. It does not protect a business from unexpected costs of repairs.
C. It is not easily available.
D. It requires a major cash investment.
Answer: A
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A crisis management plan should
A) define operational procedures and outline communication tasks and responsibilities. B) make provisions for concealing operational issues from the news media. C) avoid limitations on who is authorized to speak on behalf of the company. D) never include contact information for key executives and personnel. E) be built based on small business standards.
The most common type of dispute resolution system in nonunion environments is the ______________________________ which encourages employees who are dissatisfied at work to speak directly to their managers about their concerns and complaints.
Fill in the blank(s) with the appropriate word(s).
Common-size statements allow us to level the playing field by examining trends across time or among competitors by focusing on percentages
Indicate whether the statement is true or false
The Global Code of Ethics 10 principles, developed by UNWTO, cover which of the following components of travel and tourism?
a. Social and economic b. Cultural and environmental c. Ethical and social d. Both a and b