The present value (PV) of receiving $1100 per year with certainty at the end of the next three years is closest to ________
Suppose the term structure of interest rates is shown below:
Term 1 year 2 years 3 years 5 years 10 years 20 years
Rate
(EAR%) 5.00% 4.80% 4.60% 4.50% 4.25% 4.15%
A) $3010
B) $2408
C) $3612
D) $4214
Answer: A
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Delany, the learning and development manager at StudyHelpers Inc., believes that in addition to providing superior benefits to employees, it is important to create an environment in which employees are able to develop. She suggests a new program that encourages employees take time out of their workday to research relevant topics and share knowledge with their colleagues. Which statement best supports the value of this program to StudyHelpers?
A. Shared knowledge can lead to new innovations for StudyHelpers, as well as the development of internal talent. B. Any increase in learning activities in an organization increases workload and decreases the time available to handle the workload. C. Conversing with co-workers should occur during employees' free time, not as part of their daily work activities. D. Employees will use the knowledge they've acquired to assert their intellectual superiority over management. E. The time that employees spend in research may interfere with projects that must be accomplished under tight deadlines.
Answer the following statements true (T) or false (F)
According to the critical industrial relations school, conflict between employers and employees is primarily a conflict over how to distribute the profits generated by business. In 1904, the Nernst Lamp Co., located in Pittsburgh, PA, established a committee of employees who were assigned the task of representing other employees' concerns to management. This type of committee is an example of what is meant by the term "labor union". The key distinguishing feature separating an employee representation committee from a labor union is the fact that labor unions are elected and run completely independent of the employer and its management team. The term "workplace rules" is meant to include rules of behavior and performance as well as rules governing compensation and benefits within a particular workplace. Workplace governance refers to the method of ruling a particular workplace.
Naturally, the professor will purchase the optimal number of boxes. (He's had a course or two in supply chain management and knows this model well.) What is his expected profit from purchasing the optimal number of boxes?
A) $11,975 B) $11,455 C) $11,165 D) $10,835
Improving business processes by reengineering them, benchmarking specific activities against industry leaders, encouraging employee input to identify excess costs, increasing capacity utilization, and improving employee productivity lead to a significant overall gain. These are examples of which turnaround strategy used by successful companies?
A. asset and cost surgery B. global expansion C. piecemeal productivity improvements D. selective product and market pruning