When the majority of a company's advertising budget is spent on media buys, rather than producing the advertisement, the company should be inclined to do the work in-house
Indicate whether the statement is true or false
FALSE
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Pager Corporation acquires 30% of the outstanding voting common shares of the Intercomm Corporation for $600,000 . Pager Corporation acquires the investment in Intercomm Corporation by buying previously issued shares of Intercomm Corporation from other investors. Suppose that Intercomm Corporation reports earnings of $100,000 and pays dividends of $40,000, during the next accounting period. As a
result, Pager Corporation's entries are: a. Equity in Earnings of Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . . 30,000 Investment in Stock of Intercomm Corporation . . . . . . . . . . . . . . . . . .30,000 Investment in Stock of Intercomm Corporation. . . . . . . . . . .. . . . . 12,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000 b. Investment in Stock of Intercomm Corporation . . . . . . . . . . . . . . . 30,000 Equity in Earnings of Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000 Investment in Stock of Intercomm Corporation. . . . . . . . . . . . . . . . . . . . 12,000 c. Equity in Earnings of Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . .100,000 Investment in Stock of Intercomm Corporation . . . . . . . . . . . . . . . . . 100,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000 Investment in Stock of Intercomm Corporation. . . . . . . . . . . . . . . . . . . . 12,000 d. Investment in Stock of Intercomm Corporation . . . . . . . . . . . . . . . 100,000 Equity in Earnings of Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000 Investment in Stock of Intercomm Corporation. . . . . . . . . . . . . . . . . . . . 12,000 e. Investment in Stock of Intercomm Corporation . . . . . . . . . . . . . . . 30,000 Investment Revenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000 Investment in Stock of Intercomm Corporation. . . . . . . . . . . . . . . . . . . . 12,000
How should an entrepreneur act in a country with high power distance?
What will be an ideal response?
Which of the following was not one of the problems with early efforts toward implementing scientific management?
a. Unions feared it would exclude union activity. b. It made the worker place more efficient. c. Managers ignporfed the need to plan and organize effectively. d. Union leaders had little idea of Taylor’s ultimate goal. e. Poor organizing lead to overworked employees.
At Sunrise, Inc., Susan is responsible for accounts receivable and Mark is responsible for accounts payable. This is an example of:
a. an accounting assembly line b. mass production c. standardization of parts d. manufacturing e. the division of labor