Hauser takes temporary family leave from his job at Gelato Confectionary Corporation to care for a new baby. On Hauser's return from the leave, Gelato must
A. restore Hauser to his original position.
B. reimburse Hauser for his expenses while on leave.
C. promote Hauser to the status of a key employee.
D. do nothing.
Answer: A
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Churchill Company planned to raise $100,000 by issuing bonds. The bond certificates were printed bearing an interest rate of 8%, which was equal to the market rate of interest. However, before the bonds could be issued, economic conditions forced the market rate up to 9%. If the life of the bonds is 6 years and interest is paid annually on December 31, how much will Churchill receive from the
sale of the bonds? a. Exactly $100,000 because Churchill Company would still pay interest at the face rate of 8%. b. Less than $100,000 because the market rate of interest at 9% was more than the face rate. c. Greater than $100,000 because the face rate of interest at 8% was less than the market rate. d. The bonds would not be sold at all; Churchill Company would have the certificates reprinted bearing the market rate of 9%.
Which of the following is an example of how managers use production cost reports to control costs?
A) setting product prices high enough for the company to be profitable B) providing cost of goods sold for the income statement C) determining if newer, more efficient equipment should be acquired D) promoting products that are most profitable
I have a scale with above average, average, and below average. This scale is called a(n) _____________.
A. BARS B. MBO C. Narrative Scale D. Rank Order Scale E. Graphic Rating Scale
Which of the following is NOT a major dimension of international culture?
a. High power distance—low power distance. b. Individualism—collectivism. c. High symbol orientation—low symbol orientation. d. High tolerance of uncertainty—low tolerance of uncertainty.