Which type of organizational structure is more common in small organizations where there is one central authority figure, usually a business owner, who tends to make the decisions?
a. Divisional
b. Simple
c. Matrix
d. Uncomplicated
b. Simple
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Historically, the only legal protection a consumer had against a seller that engaged in deceit during a sale was a common law suit for fraud.
Answer the following statement true (T) or false (F)
In a ______approach to expatriate compensation, the organization pays the expatriate a set amount of money to use on items such as taxes, vehicles, housing, and similar items during their assignment.
A. lump-sum B. negotiation C. pure localization D. international-minus
A company must choice either a standard system or nonfinancial performance measures to evaluate the performance of a company
Indicate whether the statement is true or false
Bill Anders is considering investing in a franchise in a fast-food chain. He would have to purchase equipment costing $420,000 to equip the outlet and invest an additional $30,000 for inventories and other working capital needs. Other outlets in the fast-food chain have an annual net cash inflow of about $120,000. Mr. Anders would close the outlet in 5 years. He estimates that the equipment could be sold at that time for about 10% of its original cost and the working capital would be released for use elsewhere. Mr. Anders' required rate of return is 8%. (Ignore income taxes.)See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.Required:What is the investment's net present value? Is this an acceptable investment?
What will be an ideal response?