Retained earnings reduces a company's commitment to use its assets for the benefit of its stockholders.
Answer the following statement true (T) or false (F)
False
This is false. If a business retains the assets, it commits to use those assets for the benefit of the stockholders. This increase in the business's commitments to its stockholders is normally called retained earnings.
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Kristen and Haley are employees of a publishing house and work together on the same team. Kristen believes that Haley hails from an individualistic culture. Which statement, if true, strengthens Kristen's belief?
A. Haley focuses on self-development and puts her needs before those of the group. B. Haley prioritizes helping her team members attain their career advancement goals. C. Haley places emphasis on achieving upward social mobility by fulfilling common goals. D. Haley prefers decision making through her team members' participation in management. E. Haley's traits are typical of those from cultures that expect protection from the community.
If demand is highly responsive to a change in price, we say the demand is ________
A) variable B) inelastic C) value-based D) elastic E) fixed
When dealing with customer complaints, the salesperson should most likely:
A) determine if the complaint is real or imagined B) point out the fallacy in the customer's argument C) decide what action must be taken to remedy the problem D) prevent customers from sharing their feelings and frustrations E) blame the problem on other departments in the company, such as shipping
Rick and Allan want to start a union in the small factory where they work. Outline the basic procedures they will need to follow to get a union recognized as the exclusive bargaining unit for the company employees