A detailed set of rules adopted by the board of directors after a corporation is incorporated that contains provisions for managing the business and the affairs of the corporation are referred to as ________.
A. ultra vires rules
B. articles of incorporation
C. bylaws
D. corporation codes
Answer: C
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During the warm-up phase of the interview, ________ is crucial in projecting confidence and professionalism
A) body language B) the initial greeting C) how you respond to the receptionist D) asking questions about the position E) presenting your qualifications
When companies reposition their products and themselves as "green," they are trying to indicate that:
A) they are socially and environmentally conscious. B) their products are of best quality. C) they provide the best "value" for money. D) their products are for upper class customers.
Anderson Co makes and uses 5,000 components each year in its manufacturing operations. An outside supplier has offered to supply the components to Anderson at $66 per unit. Anderson's production costs are as follows: Direct materials $ 8 Direct labor 32 Variable overhead 12 Fixed overhead (based on normal capacity) 34 If Anderson accepts the order, $8 of fixed overhead per unit will be
eliminated. What is the relevant cost to produce one unit? a. $86 b. $52 c. $78 d. $60
Imitation by rivals is most challenging when
A. capabilities reflect a high level of social complexity and causal ambiguity. B. resources are primarily intangible. C. resources are unique. D. resources and capabilities require a high level of capital investment. E. resources must be built over time.