Peck Tech. purchased a patent at the beginning of 2011 for $400,000. The patent's legal life was 20 years, but economic benefits were expected for 10 years. Also, during 2011, Peck's incurred research and development costs of $200,000. The book value of the patents at December 31, 2011, is:
A) $400,000
B) $360,000
C) $350,000
D) $560,000
B
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A Nike salesperson is informed by a retailer that ten pairs of shoes are damaged and cannot be sold. After looking at the merchandise, the salesperson determines the damage occurred during the packaging process. What should the Nike salesperson do to handle this situation?
A. Return the merchandise and provide a refund. B. Try to convince the customer to buy some new merchandise. C. Help the customer dump the unsalable inventory. D. Inform the client that these kinds of losses are common in retail business. E. Apologize to the client and state that the problem will not happen in the future.
BzzAgent researches a product or service before committing to a campaign and rejects about ________ of the companies that seek its service.
A. 20 percent B. 50 percent C. 40 percent D. 70 percent E. 80 percent
Citizenship behavior is defined as voluntary employee activities that may or may not be rewarded.
Answer the following statement true (T) or false (F)
Which is the most common information flow in an organization?
A) upward and horizontally B) downward and horizontally C) upward and vertically D) downward and vertically