When reaching a final decision, what is the difference between a command style and a consultative approach?
What will be an ideal response?
The consultative approach is similar to a command style in that a leader still makes the final decisions. However, the process is more democratic because the leader actively seeks input and advice from the group before making the decision. Because there is more communication between the leader and the group, ideally the solution reflects contributions from everyone.
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A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will yield an annual incremental after-tax income of $35,000 after deducting the straight-line depreciation. Compute the accounting rate of return for the investment.
A. 23.4%. B. 12.2%. C. 24.5%. D. 22.7%. E. 46.9%.
Net present value is being used to break the tie among four otherwise equal projects. If the interest rate is 4%, which of these anticipated four-year flows would yield the greatest net present value?
A) $10,000 in year 1; $11,000 in year 2; $12,000 in year 3; and $13,000 in year 4 B) $13,000 in year 1; $12,000 in year 2; $11,000 in year 3; and $10,000 in year 4 C) $10,000 in year 1; $10,000 in year 2; $13,000 in year 3; and $13,000 in year 4 D) $11,000 in year 1; $11,000 in year 2; $12,000 in year 3; and $12,000 in year 4
To take a business public means to sell its stock on the stock market. The acronym for the first offering of a business' stock is ________.
A. FIFO B. ALPO C. IPO D. IMPO
The method a speaker uses to arrange her or his main ideas is termed