By definition, a long-term plan generally takes longer than ______ to achieve.
a. 6 months
b. 1 year
c. 5 years
d. 10 years
b. 1 year
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Identify a true statement about social loafing.
A. It occurs when team members cooperate each other by suppressing their thoughts and feelings. B. It helps preserve potentially valuable resources of the group. C. It can create a drag on the group's efforts and achievements. D. It enhances job satisfaction among members.
If the seller breaches a contract before the seller completes the goods, the seller must
immediately cease to manufacture the goods and resell them for scrap or salvage. Indicate whether the statement is true or false
‘Low technology’ sectors have innovated typically by adopting new technological solutions from innovators elsewhere. In markets such as eyesight testing, how far can small, independent providers adopt the same technologies to compete with the national chains? How can they compete more effectively in other ways?
What will be an ideal response?
A company had the following purchases and sales during its first year of operations: PurchasesSalesJanuary:10 units at $1206 unitsFebruary:20 units at $1255 unitsMay:15 units at $1309 unitsSeptember:12 units at $1358 unitsNovember:10 units at $14013 units On December 31, there were 26 units remaining in ending inventory. Using the Periodic LIFO inventory valuation method, what is the value of cost of goods sold? (Assume all sales were made on the last day of the month.)
A. $5,400. B. $8,670. C. $5,130. D. $5,470. E. $3,200.