The greatest disadvantage of tailored applications is their _____.
Fill in the blank(s) with the appropriate word(s).
high cost
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Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Corporation reported a $20,000 net loss. Zach Company's entry would include a
a. credit to cash for $9,000 b. debit to the investment account for $9,000 c. credit to the investment account for $9,000 d. credit to a loss account for $9,000
In the appreciative inquiry process, which of the following is a criterion that must be met for the employee’s new one-sentence mission statement to be valid?
a. The mission is achievable. b. The mission improves the ecological profile of the company. c. The mission will increase company profits. d. The mission statement is approved by a majority of team members.
When companies provide too few products in a product line, they run the risk of ________.
A. delivering products that can be easily copied B. increasing barriers to market entry C. missing important market opportunities D. having inefficiencies in production E. being differentiated from competitors
Sylvia\'s annual salary increases from $100,000 to $109,500. Sylvia decides to increase the number of vacations she takes from 3 to 4. Use the midpoint method to calculate her income elasticity of demand for vacations.