Eco-Adventure Gear is a well-respected apparel company. For over 50 years it has produced high-quality, durable products at a relatively high price point. Customers are willing to pay a premium for its wares because of the company's commitment to quality and its history of providing effective customer service. The company's headquarters are located at the base of a mountain range, and once a month the CEO closes the office for two days and leads the staff on a rock climbing trip. Since the company attracts outdoorsy types, nearly all the employees join in on these voluntary trips. Employees are proud to say they work at Eco-Adventure and rarely quit. Eco-Adventure Gear is demonstrating the advantages associated with which type of culture?
A. observable
B. strong
C. ritual
D. weak
E. physical
Answer: B
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Which of the following is the rate of return, based on discounted cash flows, a company can expect to earn by investing in a capital asset?
A) accounting rate of return B) bank interest rate C) internal rate of return D) return on investment
Consider a work center with a demand rate of 35 parts per hour and using a container that can hold 10 parts. It is estimated that the container takes 1 hour to cycle through the work cell. Assume a safety stock level of 20 percent. What is the value of C for this system?
a. 35 b. 10 c. 1 d. 0.2
Which of the following would NOT be counted as part of working capital?
A) accounts payable B) inventory C) accounts receivable D) equipment E) cash
A director or an officer who breaches the duty of care is personally liable to the corporation and its shareholders for any damages caused by the breach.
Answer the following statement true (T) or false (F)