As unwritten workplace rules are understood, they do not necessarily need to be followed
Indicate whether the statement is true or false
F
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Answer the following statements true (T) or false (F)
1. Successful managers must have two skills or qualities: management ability and a service orientation. 2. The ability to imagine a future market opportunity that is currently unpopulated with competitors is called “Blue Ocean Strategy.” 3. Some companies employing a low-price strategy still provide excellent customer service. 4. When evaluating an organization’s core competencies, customers must first be informed about the results of previous surveys.
The owner transfers a personal automobile to the company with a fair market value of $12,000. The entry will be made in the
A) purchases journal B) cash payments journal C) cash receipts journal D) general journal
Answer the following statements true (T) or false (F)
1. In 2003, seven companies joined forces to help lead a corporate response to human rights issues by developing the Business Leaders Initiative on Human Rights. 2. The Social Accountability 8000 certification is a standard that provides a way for companies to ensure that they are offering humane workplace. 3. To be classified as a biofuel, a product must be made of at least 80% renewable materials and be produced from living organisms or from organic/food waste products. 4. Ethanol is also known as hydrogen peroxide. 5. The purpose of the United Nations Millennium Summit was to establish global goals to address human development challenges.
Why should the required rate of return for a capital budgeting problem be project specific? Doesn't the firm just have to satisfy an overall cost-of-capital requirement?
What will be an ideal response?