If employees decide to join together to complain to an employer, but they do not legally form a union, the employer is under no obligation to negotiate with them.

Answer the following statement true (T) or false (F)


True

Business

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Gary sends samples of sheet music to schools for demonstration or presentation. Which of the following types of marketing is being illustrated from this statement?

A) kiosk marketing B) viral marketing C) direct-mail marketing D) telemarketing E) direct-response television marketing

Business

________________ is the degree to which rules and procedures are standardized in an organization.

a. Work specialization b. Formalization c. Bureaucracy d. Departmentalization

Business

This year, Ferro Inc. generated sales of $10 million. Its fixed operating cost is $1 million and its variable cost ratio is 30 percent of sales. Ferro has $60 million of debt outstanding with a before-tax cost of 12 percent. Which of the following statements about Ferro's times interest earned (TIE) ratio is correct?

A. Ferro's TIE ratio is 1.20, which suggests it has enough earnings to meet the required interest payments. B. Ferro's TIE ratio is 0.83, which suggests it does not have enough earnings to meet the required interest payments. C. Ferro's TIE ratio is 0.83, which suggests it has enough earnings to meet the required interest payments. D. Ferro's TIE ratio is 1.39, which suggests it does not have enough earnings to meet the required interest payments. E. Ferro's TIE ratio is 1.00, which suggests it has just enough earnings to meet the required interest payments.

Business

Harry decided he was tired of being a poor college student when he visited a local electronics store and experienced its finest home theatre system

He determined that he would invest today a portion of the remaining money he earned last summer cleaning animal cages at the veterinary clinic. He plans to invest the money into an international mutual fund for 3.5 years and expects to earn an average annual rate of return of 15%. If Harry wants to have $4,000 in the account at the end of this time, how much must he invest today? A) $1,253 B) $2,048 C) $2,453 D) $2,591

Business