As stated in the textbook, which term is defined as a collection of people brought together to apply their individual skills to a common project or goal?

A. flexible work schedule
B. group
C. team
D. posse


C. team

Business

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Billie Jean's Bridals has total assets of $350,000, current assets of $74,000, total liabilities of $280,000, accounts receivable of $12,000, net sales of $64,000, and net profit after taxes of $23,000. Calculate the retailer's net profit percentage.

A. 31.1 percent B. 18.75 percent C. 20 percent D. 35.9 percent E. 25 percent

Business

Answer the following statements true (T) or false (F)

1. The margin of safety can be used to evaluate a company's plans for the future. 2. If variable costs increase, and all other factors remain the same, the margin of safety will become smaller. 3. If variable costs decrease, and all other factors remain the same, the margin of safety will become larger. 4. If fixed costs increase, and all other factors remain the same, the margin of safety will become larger. 5. The degree of operating leverage is the ratio that measures the effects that variable costs have on operating income when sales volume changes.

Business

Which of the following dimension of job characteristics theory leads to knowledge of the actual results of the work activities?

A. task significance B. feedback C. autonomy D. task identity

Business

Which of the following is the best career objective for a résumé?

A) Seeking an entry-level position with the opportunity for advancement B) A challenging position with a public accounting firm C) Work as a team player for a company that values independent thinking D) A position in human resources assisting with employee recruitment, selection, background checks, and in-house training

Business