Coase argued that the existence of the firm, as an alternative to market transactions, can be attributed to _______.
a. High market transaction costs
b. The benefits of a unified organizational cultural
c. Economies of scale
d. Economies of scope
a. High market transaction costs
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Ryan allowed a male employee paid time off work to contest a speeding ticket in court. When a female employee asked for similar time off to contest her ticket, Ryan refused. He said there was no point in allowing a woman to contest a driving ticket. Ryan’s actions likely constitute _______.
A. disparate treatment B. disparate impact C. constructive discharge D. affirmative action E. None of the above
Joan Cash ordered candy from her supplier with a net price of $624, terms of sale of 2/15, n/45. What is the net amount due if the bill is paid by the 15th day?
What will be an ideal response?
The longer its customers normally hold inventory, the longer the credit period supplier firms normally offer. Still, suppliers have some flexibility in the credit terms they offer. If a supplier lengthens the credit period offered, this will shorten the customer's cash conversion cycle but lengthen the supplier firm's own CCC.
Answer the following statement true (T) or false (F)
The operating breakeven point can be found by solving for the sales level that just covers total fixed and variable costs
Indicate whether the statement is true or false