. _____________ can limit innovation and is a lose-lose approach to decision making.
a. Majority rule
b. Compromise
c. Consensus
d. Decision by leader
b. Compromise
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The purpose of accounting is to provide management information about a business to individuals, agencies, and organizations
Indicate whether the statement is true or false
An earlier classification system grouped organisms by whether they inhabited the air, land, or sea. More modern classification systems such as the three-domain system are divided into class-order-family-genus-species as described in this chapter. What advantages does the more modern classification system have over the older system?
A. The modern classification system allows for the precise organization of a multitude of species. B. The more modern classification system groups organisms based on similarities related to their structure and evolution. C. The modern classification system better represents the unity of life. D. The modern classification system reflects the evolutionary relationships between organisms. E. All of the choices are correct.
On January 1, Year 1, Golden Company purchased a new computer system for $50,000. Management estimates that the system will have a 5-year life and a salvage value of $7,500. Jane Golden, the company president, knows that the system can be depreciated using either the straight-line method or the double-declining-balance method. She is concerned as to the possible effect on various financial statement analyses if the company uses one method versus the other.Required: a) Indicate which method will have the larger negative effect (in other words, the less favorable effect) on each of the following ratios in Year 1: (1) Debt-to-equity ratio (2) Return-on-sales b) Indicate which method will have the larger negative effect on each of the following ratios in Year 4: (1) Debt-to-equity
ratio (2) Return-on-sales What will be an ideal response?
Anthony wants to start a restaurant but he knows he has a lot to learn about starting a business. Of the conditions that need to be put in place for the Entrepreneurial Ecosystem, he particularly needs ______.
a. financial resources b. support from government c. entrepreneurship education d. research and development transfer