At John’s organization, the annual sales prize is very important. Sales people work hard and compete against one another for the prize. It appears the ________ dimension of cultural diversity is high at John’s organization.
A. assertiveness
B. future orientation
C. power-distance
D. uncertainty avoidance
E. individualism
A. assertiveness
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The balance sheet groups individual accounts by type (asset, liability, or shareholders' equity) and lists these accounts with their balances as of the balance sheet date
Indicate whether the statement is true or false
What would one expect to occur when cross subsidies are eliminated with the use of activity-based costing (ABC)?
A) That lower-volume products pick up more of their fair share of overhead costs. B) That higher-volume products pick up more of their fair share of overhead costs. C) That lower-volume products will be determined as being unprofitable. D) That higher-volume products will be determined as being unprofitable.
The capital budgeting director of Sparrow Corporation is evaluating a project that costs $200,000, is expected to last for 10 years and produces after-tax cash flows, including depreciation, of $44,503 per year. If the firm's required rate of return is 14 percent and its tax rate is 40 percent, what is the project's IRR??
A. 8 percent? B. ?14 percent C. ?18 percent D. ??5 percent E. ?12 percent
If a principal does not ratify an unauthorized contract, the principal is not bound.?
Indicate whether the statement is true or false