Salvage value is an estimate of an asset's value at the end of its useful life.
Answer the following statement true (T) or false (F)
True
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Costs that remain constant over a range of production and then abruptly change include:
a. unexpected costs. b. step-variable costs. c. semifixed costs. d. curvilinear costs.
The two most important parts of SWOT analysis are
A. pinpointing the company's competitive assets and pinpointing its competitive liabilities. B. drawing conclusions from the SWOT listings about the company's overall situation and translating these conclusions into strategic actions to better match the company's strategy to its resource strengths and market opportunities, correct the important weaknesses, and defend against external threats. C. identifying the external threats to a company's future profitability and pinpointing how many market opportunities it has. D. making accurate lists of the company's strengths, weaknesses, opportunities, and threats and then using these lists as a basis for ascertaining how well the company's strategy is working. E. identifying the company's resource strengths and identifying the company's best market opportunities.
CASE 10.3 James v. Meow Media, Inc (2002) addressed whether a video game manufacturer was strictly liable for a teenager's shooting spree. What was the court's holding?
a. That the shooting was so aberrant as to be unforeseeable by the video game producer. b. That the products were defective. c. That the video game manufacturer was liable for the shooting. d. That the shooting was so aberrant as to be unforeseeable by the video game producer but also that the products at issue were defective.
Apple Inc. is an example of a manufacturer brand.
Answer the following statement true (T) or false (F)