The owners of Hae-Won's company make all of the important decisions even through there are middle managers who supervise front-line employees. When there are problems, these managers are reluctant to make decisions without speaking with one of the owners. This illustrates the problem with which of Fayol's principles of management?
A. unity of direction
B. discipline
C. equity
D. centralization
E. order
Answer: D
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The magnitude of operating leverage for Blue Ridge Corporation is 3.5 when sales are $200,000 and net income is $36,000. If sales decrease by 6%, net income is expected to decrease by what amount?
A. $7,560 B. $3,420 C. $1,260 D. $2,160
Cameo Inc, a local company specializing in home repairs, is considering replacing its older van with a new and larger one. The estimated cost of the new van will be $45,000. Using a discount rate of 16%, the company calculates a net present value for the new van of $(7,000). Based on this information, which of the following statements is true?
A) The actual rate of return on the new van is negative. B) If the company purchases the van, they are guaranteed a rate of return of 16%. C) Using a higher discount rate should cause the net present value to become positive. D) If the actual cost of the new van ends up being less than $38,000, the net present value will become positive.
Define interest.
What will be an ideal response?
Under Ohio's state constitution, the Ohio Environmental Protection Agency issues a new rule, the Polk County Commission approves a new property tax measure, and the professors and students at Ohio Law School publish the results of their most recent legal research. Sources of law do not include
a. the measures approved by local governing bodies. b. the results of legal scholars' research. c. the rules issued by state administrative agencies. d. the states' constitutions.