Firms can take out term life-insurance policies on their top executives.

a. True

b. False

Bates Company purchased equipment on January 1, 2006, at a total invoice cost of $600,000. The equipment has an estimated salvage value of $15,000 and an estimated useful life of 5 years.

Michelle must write a bad-news message to her staff telling them that their hours next month will be reduced. she has just completed phase 1 of the prewriting process and is beginning phase 2. what should she do first? a.

Match each type of business with the person or persons who get to keep the business's profits. A. Corporation Individual owner B. Partnership Stockholders C. Sole proprietorship Various investors

Roger is new-product project manager for a medical equipment company. Recently the team has exhibited a high degree of conflict over who will control the group and how decisions will be made. Which stage of development is the team in?

A review of the personal selling process indicates that selling is: a. about 90 percent luck and 10 percent skill. b. giving way to computers in responding to consumer needs. c. getting a name on a sales contract. d.

The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of operations: Direct materials $ 52,000 Direct labor $ 80,000 Fixed manufacturing overhead $ 91,000 Variable manufacturing

Why is strategy implementation referred to as the "graveyard of strategy"?

Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in real GDP are often referred to as the business cycle. True or false

Marian Kirk wishes to select the better of two 10-year annuities, C and D. Annuity C is an ordinary annuity of $2,500 per year for 10 years. Annuity D is an annuity due of $2,200 per year for 10 years. a.

Under an expansionary taxation policy, the government tries to stimulate economic growth by reducing deficits. reducing taxes. reducing demand. reducing spending.