Some companies base as much as ____ of their bonuses on team-based evaluations.
A. 10%
B. 15%
C. 20%
D. 25%
Answer: C
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Which of the following most likely is an example of an accrued liability?
a. Salaries payable b. Accounts payable c. Current portion of long-term debt d. Sales tax payable
The budgetary unit of an organization which is led by a manager who has both the authority over and responsibility for the unit's performance is known as a:
A) control center B) budgetary area C) responsibility center D) managerial department
Brands with lower market share generally require lower advertising budgets, as a percentage of
sales, than those with high market share. Indicate whether the statement is true or false
Competitive pressures stemming from buyer bargaining power tend to be weakest in which of the following circumstances?
A. There is a global decline in the demand for cable television services. B. The Internet offers a huge amount of information on a variety of products. C. Most consumers vary the brands they choose for their cookware and kitchen gadgets. D. Heinz owns a metal-can manufacturing subsidiary to cut back on supplier costs. E. The commercial jet aviation manufacturing industry offers highly differentiated products.