The distinction among managers in terms of authority and responsibility is expressed as chain-of-command.

A. True

B. False

As the market price of a service increases, more potential sellers will decide to perform that service because: higher prices lead to lower opportunity costs. more potential sellers will find that the market price exceeds their reservation price.

Colombia has an absolute advantage in producing coffee relative to the United States. A. Coffee cannot be grown in the United States. B. Government trade disincentives regarding Colombian coffee make such trade possible. C.

Why is a certificate of deposit considered such a safe investment?

An unlimited payment plan for controlling sales force expenses is not used very widely is flexible so management can allow for cost differentials for variations in jobs or territories. eliminates the need for salespeople to itemize their expenses.

Which of the following is an example of an artistic career? A) Priest B) Photographer C) Firefighter D) Nurse

n a company's merit pay program, an individual's compa-ratio represents the individual's pay relative to company's average pay for that position. the individual's worth versus that of others in the organization.

Some interview questions are designed to rattle you to see how you deal with stress. True or false.

Organizational culture consists of three levels: Select one: a. assumptions, orientations, and beliefs. b. beliefs, values, and artifacts. c. artifacts, assumptions, and beliefs. d. assumptions, artifacts, and values.

What term refers to a set amount of money kept in the cash register to make change with? A. Excess cash B. Standard cash stock C. Cash drop D. Cash float

Torres travel's stockholders' equity at the beginning of march 2014 was $200,000. during the month, the company earned net income of $50,000 and paid dividends of $10,000. at the end of march 2014, what is the amount of stockholders' equity?