The main reason employers would rather hire independent contractors than employees is:
a. its cheaper
b. the employer has more control over independent contractors
c. the independent contractor has fewer rights under law than an employee
d. all of these
e. a and c only
E
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In Booms and Bitner's 7 Ps of the marketing mix, process refers to which of the following?
A) how the product is moved through the supply chain B) packaging and design C) the environment in which the service is delivered D) the way in which the customer uses the product or service E) the way the service is delivered
Assume that factory depreciation for the year is $240,000. What problem could result from dividing that amount by 12 and assigning $20,000 in depreciation to the products made each month?
What will be an ideal response?
The transaction costs of completing a business agreement or deal of some sort, over and above the price of the deal, can include all of the following except
A. the costs of searching for an attractive target. B. the premium cost. C. the costs of evaluating its worth. D. the costs of completing the transaction. E. bargaining costs.
Which of the following is an advantage of custom system development?
A) It has low overall costs and is inexpensive to run. B) It requires less time to go live. C) It is tailored closely to an organization's needs. D) It does not require in-house maintenance and upgrades.