Which form of oral communication conveniently allows for information to be shared and reviewed at any time?
a. phone call
b. voice mail
c. face-to-face meeting
d. text message
b
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Mark's employer passes out checks at the end of each quarter, representing an equitable portion of 5% of the company's pretax profits for the previous period. This is known as
A. pay for performance. B. pay for knowledge. C. a bonus. D. profit sharing. E. gainsharing.
A perceptual map enables a manager to see how ________ perceive competing products or brands, as well as the firm's own product or brand.
A. competitors B. consumers C. the CEO of the firm D. stakeholders E. independent rating organizations such as Consumer Reports
Booksellers, Inc. makes a written offer to sell Smallville City Library 20,000 books at $5 each. In writing, Booksellers also agrees to keep the offer open for sixty (60) days. However, before the 60 days have passed, Booksellers sells all the books to Universal Library for $7 each. Which of the following is true of this situation?
A. Smallville cannot file a legal claim, since a firm offer may be revoked prior to acceptance. B. Smallville can bring a lawsuit, since Booksellers engaged in bait-and-switch tactics. C. Smallville can file a legal claim, since Booksellers agreed to hold the offer open, even though no consideration was given. D. Smallville had not taken possession of the books, nor paid any of the purchase prices, and hence cannot file a lawsuit.
The Seattle Corporation has been presented with an investment opportunity which will yield end of year cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10 . This investment will cost the firm $150,000 today, and the firm's required rate of return is 10 percent. What is the NPV for this investment?
a. $135,984 b. $18,023 c. $219,045 d. $51,138 e. $92,146