A cost incurred in the past that is not relevant to any current decision is classified as a(n):
A. period cost.
B. sunk cost.
C. differential cost.
D. opportunity cost.
Answer: B
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A union avoidance strategy in an autocratic workplace would likely consist of:
A. Participatory human resource management practices. B. Adversarial human resource management practices. C. HR practices that make the union unnecessary. D. HR practices that are aimed at suppressing union activity.
A license is a contract that transfers complete rights in intellectual property and informational rights.
Answer the following statement true (T) or false (F)
Refer to the data on Expected Demand for Acme Widgets. For the various demand scenarios and their associated probabilities, which of the three decision alternatives has the maximum expected value?
a. Outsource, with an expected value of $20.95 million
b. Build capacity, with an expected value of $23.70 million
c. Do nothing, with an expected value of $40.50 million
d. Outsource, with an expected value of $31.60 million
Ning is the popular free online photo and video sharing service geared to mobile phones.
Answer the following statement true (T) or false (F)