Managers of international companies that are attempting to develop a competitive advantage face a formidable challenge because
A. the company's mission is constantly changing.
B. there are few or no alternative ways to use the company's scarce resources.
C. without planning, we cannot make decisions that make good sense.
D. time, talent, and money are scarce.
E. resources are seldom scarce.
Answer: D
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Martha was promised a 10% raise if she wins a contract with the city government. Martha could use the money to pay off some debts. However, she happens to know that another company is very close to securing the contract. There is a slim chance that she could win the contract away from the other organization, but she does not believe she can do it. According to expectancy theory, Martha is unmotivated to try to win the contract because she lacks ______.
A. valence B. instrumentality C. expectancy D. significance
Bart was awarded sales person of the year and was given a cruise for two by his company. This is an example of a(n) ________ reward.
A. bonus B. contest C. subjective D. intrinsic E. extrinsic
Who opened the first public relations firm owned by an African-American woman (1961) that served national accounts, and was the first African-American woman to join the Public Relations Society of America?
A. Doris E. Fleischman D. Constantine Clarke B. Alice L. Beeman E. Inez Y. Kaiser C. Leone Baxter
A manufacturer reports the following information below for its first three years in operation. Year 1 Year 2 Year 3Income under variable costing$76,000 $109,000 $115,000Beginning inventory (units) 0 800 500Ending inventory (units) 800 500 0Fixed manufacturing overhead per unit$8.00 $8.00 $8.00Income for year 1 using absorption costing is:
A. $82,400. B. $76,000. C. $106,600. D. $88,800. E. $111,000.