The Big Boy Toy Company's best seller is a futuristic radio-controlled car. The toy is manufactured using a custom mold designed especially for the company by a local artist
If anything were to happen to this mold, the company would have to stop manufacturing the toys until the artist could reproduce the mold. The risk manager's primary concern regarding damage to this mold is probably the:
A) indirect loss that will result while production of the toy is halted
B) expense of paying the artist to reproduce the mold
C) extra cost of manufacturing additional toys while the car cannot be manufactured
D) direct damage to employees that will be laid off while production is halted
A
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The Safety Committee, a temporary team at the Annapolis Tool & Die Corporation, was established to make the factory floor a safer place. Members of the committee still work in their departments full-time, but they meet twice a month for a few hours as a committee. The Safety Committee is an example of a ____ within an organization.
A. vertical design B. modular design C. multipurpose design D. common purpose E. horizontal design
The ability of a company to pay its debt when due refers to ____________________
Fill in the blank(s) with correct word
The Antarctica Co acquired a machine on January 1, 2016, at a cost of $60,000. The machine is expected to have a ten-year life and a residual value of $5,000. The estimated lifetime output from the machine is expected to be 55,000 units. Under which of the following depreciation methods would the depreciation charge be the greatest in 2016 if 9,100 units were produced during the year?
A) activity (units-of-output) method B) straight-line method C) sum-of-the-years'-digits method D) double-declining-balance method
Volten Inc. is an online apparel store. It has separate sections for casual wear, office wear, and party wear. It also divides its products on the basis of price to suit people of various income levels
In this way, it caters to different sections of society. Which of the following bases has the company most likely used for positioning its products? a. Product class b. Emotion c. Attribute d. Product user