In calculating depreciation and amortization for tangible assets, functional factors that limit service lives include:
a. ordinary wear and tear from use.
b. chemical action such as rust.
c. the effects of wind and rain.
d. obsolescence.
e. none of the above.
D
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Referring to Figure 5.1, suppose the Mexican government imposes an import quota equal to 2 tons of steel. If the Mexican government auctions import licenses to the highest foreign bidder, the overall welfare loss of the quota to Mexico equals
a. $200. b. $400. c. $600. d. $800.
A company that focuses on ________ is concerned with meeting present consumer needs without compromising the ability of future generations to meet their needs
A) the selling orientation B) the production orientation C) Total Quality Management D) sustainability E) return on investment
E-commerce is not generally a central part of most firms' marketing strategies.
Answer the following statement true (T) or false (F)
Social entrepreneurship might be pursued through a non-profit model when:
A. "the air is too thin to think of business ventures" B. The non-profit is expected to do good work. C. The ability to attract people who already believe in serving public and environmental needs exists. D. All of the above E. None of the above: Social entrepreneurship does not follow a non-profit business model.