Intel's Celeron chip and Atom chip are initiatives to

A. stall its own disruption strategies and wait for its rivals to introduce disruptive forces.
B. target that section of the market that is not particularly price sensitive.
C. introduce a new product in a new market to extend its leadership.
D. guard the company against disruptive innovation by protecting the low end of the market.


Answer: D

Business

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______ is a very specific legal term in human resource management meaning harassment that occurs when someone’s behavior at work creates an environment that is sexual in nature and that makes it difficult for someone of a particular sex to work in that environment.

A. Quid pro quo harassment B. Reasonable person C. Sexual harassment D. Hostile work environment

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Which of the following is/are true regarding the fair value of long-lived assets?

a. U.S. GAAP does not permit firms to increase the balance sheet carrying values of tangible and intangible long-lived assets when the fair values of their assets increase. b. IFRS permits upward asset revaluations, the recognition of unrealized increases in the fair value of tangible and intangible long-lived assets under certain conditions. c. IFRS requires that firms credit the increase in the tangible and intangible revalued asset's balance sheet carrying value to other comprehensive income. d. U.S. GAAP firms recognize the increase in the fair value of the tangible and intangible asset only as the firm realizes the value increase through either sale or continuing use. e. all of the above

Business

Meng Co. maintains a $300 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date represent $80 for office supplies, $160 for merchandise inventory, and $20 for miscellaneous expenses. There is a cash shortage of $8. Based on this information, the amount of cash in the fund before the replenishment is:

A. $32. B. $40. C. $300. D. $48. E. $260.

Business

In an action against Elin, Frank obtains a remedy. This is

A. an administrative agency's enforcement of its rule. B. a principle of the law derived from earlier court cases. C. a statute enacted by a state legislature or Congress. D. the legal means to recover a right or to redress a wrong.

Business