When Jack and Fred, members of the same team, completed five years at their company, they received separate congratulations letters from their manager. When Jack and Fred compared their letters, they observed that apart from the date, inside address, and salutation, the bodies of the letters were identical. From this scenario, it can be concluded that the letters sent to Jack and Fred were _____
A. form letters without variables
B. adjustment letters
C. collection letters
D. form letters with variables
A
It can be concluded that the letters sent to Jack and Fred were form letters without variables.
The entire body of form letters without variables remains the same; the date, inside address,
salutation, and reference initials are the only changes.
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A) Cost of Goods Sold B) Finished Goods Inventory C) Work in Process Inventory D) Materials Inventory
______ conflict involves the conflict of ideas that generally leads to changes that improve performance.
A. Forcing B. Dysfunctional C. Collaborating D. Functional
Which of the following is true of a member-managed LLC (limited liability company)?
A) Each member has equal rights in the management of the business of the LLC. B) The member with the highest capital contribution becomes the de facto manager of the LLC. C) Any matter relating to the business of the LLC is decided by a unanimous vote of the members. D) Shareholders are not allowed to decide matters relating to the business of the LLC.
Under which of the following situations will courts usually find pricing legal?
a. When the prices are above average variable cost but below average total cost and the company has excess capacity. b. When the prices are above average variable cost but below average total cost and the company does not have excess capacity. c. When the prices are below average variable cost and below average total cost and the company does not have excess capacity. d. Only when prices are above both average variable cost and average total cost.