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1. Fred takes Betty to dinner at a very expensive and exclusive restaurant. The menu does not mention prices. The server takes their order, and both Betty and Fred enjoyed the meal immensely. When the bill comes, Fred refuses to pay because the menu had no prices and because he and the server never engaged in language indicating an offer and acceptance. The server said, “Are you ready to order?” and when Fred said “Yes,” ...

Other / Other 07 Apr 2016

1). The DeBeers company is a profit-maximizing monopolist that exercises monopoly power in the distribution of diamonds. If the company earns positive economic profits this year, the price of diamonds will: Exceed the marginal cost of diamonds but equal to the average total cost of diamonds. Exceed both the marginal cost and the average total cost of diamonds. Be equal to the marginal cost of diamonds. Be equal to the ...

Other / Other 07 Apr 2016

1) When a manager makes use of a SWOT analysis, one of his or her objectives is to A. identify the best employees to fill each position in the organization B. formulate appropriate strategies to exploit strengths, protect against threats, and correct weaknesses C. set specific short-term performance standards for each department D. evaluate the desirability of issuing stocks or bonds in the current financial climate 2) A company that want ...

Other / Other 07 Apr 2016

Question Your quiz has been submitted successfully. Chapter 9 Question Pool Question 1 2 / 2 points Illuminated manuscripts were made in scriptoria by scribes made of encaustic on vellum made of pigments mixed with water and egg yolk written in Gaelic in Irish monasteries Question 2 2 / 2 points The basilica for the Monastery of Saint Gall showed its early Christian pedigree by its transept choir before the altar apse all of the ab ...

Other / Other 06 Apr 2016

Question 1 The strategic business unit (SBU) concept is best identified as a: 1. planning tool that separates tactical and operational issues for analysis. 2. marketing planning tool best suited to the needs of large, diversified organizations. 3. way to create units of business activity based solely on sales potential. 4. device used primarily to separate marketing costs from production expenses. 2 points Question 2 Which of the followin ...

Other / Other 06 Apr 2016

Question 1 2 out of 2 points Correct Which of the following is least likely to cause uncertainty about the ability of an entity to continue as a going concern? Question 2 2 out of 2 points Correct If most or all users' decisions that are based on the financial statements are likely to be significantly affected, the materiality level is: Question 3 2 out of 2 points Correct The standard unqualified audit report for a non-public entity m ...

Other / Other 05 Apr 2016

Question Question 1 of 20 5.0/ 5.0 Points Upon which of the following basic doctrines did Jains and Buddhists agree? A. The concept of reincarnation is a myth. B. All souls should strive to attain moksha. C. The caste system should be rejected. D. There is only one god. Question 2 of 20 0.0/ 5.0 Points Which of these was an innovation that accompanied the advent of farming? A. Herding B. Nomadism C. Hunting D. The use of metals Quest ...

Other / Other 05 Apr 2016

1. Which financial statement reports the amounts of cash that the firm generated and distributed during a particular time period? statement of retained earnings Income statement Statement of cash flows Balance sheet 2. Which of these provide a forum in which demanders of funds raise funds by issuing new financial instruments, such as stocks and bonds? Money markets Investment banks Primary markets Secondary markets 3. The top part of ...

Other / Other 05 Apr 2016

Question Question 1 3 out of 3 points For which of the following characteristics must employers make reasonable accommodations? Question 2 3 out of 3 points Olive Garden restaurants actively work to recruit diverse applicants, accommodate diverse employees through flexible schedules and other means, and include diverse employees in decisions at every level of the organization. Which organizational strategy for dealing with diversity is show ...

Other / Other 05 Apr 2016

Question Question 1 “The inability to satisfy the demand for an item” is the definition of a Question 2 For the single-period inventory model, solving for the optimal order quantity involves using Question 3 Inventory position is computed using all the following except Question 4 Independent demand Question 5 Demand that is stable over time is called ____. Question 6 Demand that varies over time is called ____. Question 7 ...

Other / Other 05 Apr 2016