_______ refers to an organizational philosophy that bases pay on employees’ performance in their jobs.
A. Pay for performance
B. Pay for longevity
C. Above-market pay
D. At-market pay
E. Below-market pay
A. Pay for performance
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Which of the following is a methodological application of focus groups?
A) obtaining impressions of new product concepts B) generating alternative courses of action C) Both B and D are correct. D) generating hypotheses that can be tested quantitatively
The first product took 10 hours to build and the learning curve is estimated to be 90%. How long will it take to make the fourth unit?
A) 10 hours B) 9 hours C) 8.1 hours D) 7.5 hours E) none of the above
Bau Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $281,656, would have a useful life of 7 years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $76,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. 19% B. 18% C. 16% D. 21%
If the offer does not specify a type of acceptance, the offeree may accept in any reasonable manner and method
Indicate whether the statement is true or false