Which of the following is true of innovators at entrepreneurial firms?
A. They have limited ability to personally profit from their innovation.
B. They are able to reap the financial gains associated with innovation.
C. They take fewer risks than managers at large firms.
D. They are resistant to change and have a high amount of uncertainty avoidance.
Answer: B
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In the context of incentives for low-level employees, a ________ is a one-time bonus that an employer may offer an employee as a reward for exceptional performance.
A. merit-pay bonus B. lump-sum bonus C. sign-on bonus D. spot bonus
Linear reasoning proceeds from one point to another with the focal point being the conclusion.
Answer the following statement true (T) or false (F)
The Pillar Division of the Gothic Building Company produces basic pillars which can be sold to outside customers or sold to the Lantern Division of the Gothic Company. The Lantern Division wants to purchase 25,000 pillars from the Pillar Division. The following data are available for last year's activities of the Pillar Division: Capacity in units 300,000pillars Selling price per pillar to outside customers$1.75 Variable costs per pillar$0.90 Fixed costs, total$150,000 The total fixed costs would be the same for all the alternatives considered.Suppose the transfers of pillars to the Lantern Division would reduce sales to outside customers by 15,000 units. What is the lowest transfer price that would not reduce the profits of the Pillar Division?
A. $1.35. B. $1.41. C. $0.90. D. $1.75.
Assume your favorite soccer team has 3 games left to finish the season. The outcome of each game can be win, lose, or tie. How many possible outcomes exist?
a. 7 b. 27 c. 36 d. 64