Answer the following statement(s) true (T) or false (F)

Corporate entrepreneurship is contingent upon individual members continuing to undertake innovative activities.


ANSWER: True

Business

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Calculate the average percentage cost of goods sold for the top three competitors of a business when the cost advantage index of the business is 120 and the percentage cost of goods sold by the business is 60%

A) 120 B) 53.22 C) 50 D) 80 E) 42

Business

Agency funds are not included in the Statement of Changes in Net Position because they have no revenues (additions) or expenses (deductions).

Answer the following statement true (T) or false (F)

Business

When it comes to union rights, the Wagner Act of 1935 was an improvement over previous legislation for all of the following reasons except:

A. It created an independent agency to enforce the Act. B. It granted the right of exclusive representation for unions with majority support. C. It allowed the courts to issue fines against employers who violated the Act. D. It prohibited specific unfair labor practices by employers.

Business

For an employee union, which of the following constitutes a breach of its duty of fair representation??

A) ?Refusal to arbitrate the employee's grievance B) Trade-offs made in fashioning contract proposals? C) Negligence in conducting safety inspections? D) Failure to follow hiring hall rules

Business