Define the calculated incompetence approach.
What will be an ideal response?
The calculated incompetence approach is available when group negotiations are conducted through a representative. With this approach, constituents do not give the negotiating agent all of the necessary information, making it impossible for information to be leaked.
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Which of the following is/are true?
a. Cost is the economic sacrifice made to acquire goods or services. b. When the good or service acquired has reliably measurable future benefits to a firm, the cost is an asset. c. When the firm consumes the good or service, the cost is an expense. d. All of the above are true. e. None of the above are true.
Everything else equal, in which of the following situations will a firm generally have a high dividend-payout ratio?
A. The existence of the impairment of capital rule. B. The firm's stockholders prefer capital gains rather than current income. C. The firm's senior management wishes to limit the number of investors who own the company's stock. D. The firm has excess cash after purchasing all acceptable independent capital budgeting projects. E. The firm's bond indentures severely restrict the amount of earnings that can be distributed each year.
Charles and Ellen, an unmarried couple, run an ice cream store. The business is not incorporated and they have filed no formation papers with the state. Their business is a A)sole proprietorship
B)partnership. C)franchise. D)limited liability company.
If variables change in the same direction, what type of correlation is this called?
a.Positive correlation b.Negative correlation c.Positive causation d.Negative causation