Straps Inc. is a leading manufacturer of high-end watches. It is renowned for its reliability and quality and enjoys a monopoly in its home market. It has now adopted a differentiation strategy to expand its business into neighboring countries. Which of the following human resource strategies should Straps Inc. follow to maintain the same momentum in the new markets?
A. It should exclusively focus on marketing to people from the business industry.
B. It should hire workers who can provide exemplary customer service.
C. It should keep the size of its workforce small to increase efficiency.
D. It should hire employees on short-term contracts.
Answer: B
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Fenchurch Corp uses the direct write-off method to account for bad debts. What are the effects on the accounting equation of the entry to record the write-off of a customer's account balance?
a. Assets and liabilities decrease. b. Assets and owners' equity decrease. c. Owners' equity decrease and liabilities increase. d. No effect; assets increase and decrease by the same amount.
Which of the following statements is most likely to be true regarding accusatory language?
A) It focuses on your perception rather than assigning blame. B) It encourages dialogue with the other person. C) It helps you paraphrase your understanding. D) It focuses negative attention on the person rather than on the issue. E) It is least likely to trigger emotional response.
In 2015, 50 percent of U.S. families received less than $56,516 in income.
Answer the following statement true (T) or false (F)
DMC3 Inc. will pay no dividend for 2016 or 2017. At the end of 2018, it will pay a dividend of $1.50
Thereafter dividends will grow at 4% per year. The required rate of return is 10%. The intrinsic value of DMC3 shares is (assume you are at the beginning of 2016) A) $34.61. B) $26.00 C) $24.91. D) $20.66.