John F. Kennedy's decision to go forward with the Bay of Pigs invasion of Cuba, NASA's decision to launch the space shuttle Challenger in unusually cold weather, and Enron's board of directors' decisions to ignore illegal accounting practices are famous examples of

A. team process.
B. network structure.
C. groupthink.
D. communication complexity.
E. noise.


Answer: C

Business

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A Canadian-built Caterpillar grader tractor imported into Chile would not be subject to duty because:

A) Chile and Canada established an FTA. B) tractors made in Canada are more durable. C) tractors made in Canada do not require certification. D) locally made tractors are more expensive in Chile.

Business

A company issued 5-year, 7% bonds with a par value of $300,000. The market rate when the bonds were issued was 6.5%. The company received $306,317 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:

A. $9868.30. B. $10,887.48. C. $21,000.00. D. $19,907.48. E. $10,500.00.

Business

The cross-border flow of multinational corporation investment to purchase, establish foreign subsidiaries and embark on joint ventures is known as _______________________________.

Fill in the blank(s) with the appropriate word(s).

Business

Zip-up Company provides the following data developed for its master budget:Sales price ………………………$11.00 per unit Costs:? Direct materials ……………….$3.00 per unit Direct labor ……………………$4.75 per unit Variable overhead …………….$0.50 per unit Factory depreciation ………….$12,000 per month Supervision ……………………$13,000 per month Selling expense ………………..$0.25 per unit Administrative cost ……………$9,000 per monthRequired:Prepare flexible budgets for sales of 20,000, 22,000 and 24,000 units. Use a contribution margin format.

What will be an ideal response?

Business