Discuss a few common reasons for increases in the market price of a corporation's common stock.
What will be an ideal response?
Stock prices for the market as a whole tend to increase when the economy is good and when interest rates are low and/or falling. Future economic expectations also play a role in changes in market prices. The expectations of future success of a company play a major role in the behavior of stock prices. To a lesser degree, financial statement information sometimes has an effect on stock prices.
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Describe a hypothetical supply chain-from manufacturer to customer.
What will be an ideal response?
Doran Technical Company has set up a toll-free telephone line for customer inquiries regarding computer hardware produced by the company. The cost of this toll-free line would be classified as which of the following?
A. Period cost B. Product cost C. Manufacturing overhead D. Direct labor
A management initiative is increasing the amount of discretion individuals have to decide job activities and outcomes. Management is increasing ________.
A. job depth B. job range C. task range D. task diversity
With which of the following concepts is entrepreneurship considered synonymous?
a. free enterprise b. socialism c. multimillion-dollar enterprises d. partnership