Penrose’s work was significant for which of the following:
a. Resource-based view
b. Generic competitive strategies
c. Porter’s value chain
d. Dynamic capabilities
a. Resource-based view
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Which of the following concepts helps to explain why communication can fail?
A) Transmission B) Medium C) Barriers D) Encoding E) Interaction
Which of the following is/are true concerning an employee stock options' time value element?
a. The time value element results from the possibility of increases in the market price of the stock during the exercise period. b. Time value is larger the longer the exercise period and the more volatile the market price of the stock. c. A stock option whose exercise price exceeds the current market price has economic value because of the possibility that the market price will exceed the exercise price on the exercise date. d. A stock option whose exercise price has zero intrinsic value has economic value because of the possibility that on the exercise date there would be positive intrinsic value. e. all of the above
Which of the following statements is FALSE about supplier scorecards?
a. The scorecard contains measures to evaluate the performance of suppliers. b. The information on the scorecard cannot be used for supplier negotiations. c. The performance measures on the scorecard should be derived from the buyer’s corporate goals. d. Each measure on the scorecard is assigned a percentage weight, and scores are combined into an overall score to rank the suppliers.
On January 1, Year 1, Milton Manufacturing Company purchased equipment with a list price of $88,000. A total of $4,000 was paid for installation and testing. During the first year, Milton paid $6,000 for insurance on the equipment and another $2,200 for routine maintenance and repairs. Milton uses the units-of-production method of depreciation. Useful life is estimated at 100,000 units, and estimated salvage value is $8,000. During Year 1, the equipment produced 13,000 units. What is the amount of depreciation for Year 1?
A. $10,920 B. $12,740 C. $11,960 D. $11,700