The Supreme Court ruled that
A. vague performance standards can be acceptable when clearly written.
B. organizations should have carefully defined and measurable performance standards.
C. while performance standards should be somewhat specific, there should be room for individual interpretation.
D. descriptions of traits such as attitude and cooperation are acceptable performance standards.
Answer: B
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The proportion of businesses that operate in global markets is ______.
a. not known b. about 50% c. less than 58% d. more than 65%
The Redux Fund has issued 500,000 shares to its investors, and it holds 100,000 shares of various companies worth $3 million. Therefore, the fund's NAV is $30 a share
Indicate whether the statement is true or false.
A shareholder of one-third of all the stock in a corporation would be entitled to one-third of all corporate assets of an ongoing company
a. True b. False Indicate whether the statement is true or false
Acton Company is a price-taker and uses target pricing
Refer to the following information: Production volume 602,000 units per year Market price $30 per unit Desired operating income 17% of total assets Total assets $13,700,000 Variable cost per unit $17 per unit Fixed cost per year $5,500,000 per year With the current cost structure, Acton cannot achieve its profit goals. It will have to reduce either the fixed costs or the variable costs. Assuming that variable costs cannot be reduced, what are the target fixed costs per year? Assume all units produced are sold. A) $5,497,000 B) $5,500,000 C) $12,560,000 D) $10,234,000