Statutes that require proof of character and skill and impose penalties for violation are considered to be revenue-raising in nature.

a. True

b. False

Olde manufacturing, a parts supplier to the auto industry, has been using the behavioral approach to management for over 100 years.

The process of identifying personal abilities is known as

Ragtown Grill uses cost-plus pricing with a 40% mark-up. The company is currently selling 20,000 units annually, but has a capacity of 30,000 units. Each unit has a variable cost of $15.

Classify each of the following activities that are part of Robbins Manufacturing's operating process as either unit-level, batch-level, product-level, or facility-level. 1. Patents are obtained for each new type of container mold. 1.

Which of the following questions is the most appropriate way for a retail associate to understand if a customer prefers inexpensive or expensive brands? Answer: "What clothing brands do you usually prefer?"

A monopolistically competitive market could be considered inefficient because a. marginal revenue exceeds average revenue. b. price exceeds marginal cost. c. the efficient scale of production is only achieved in the long run, not in the short run. d.

after visiting several automobile dealerships richard selects richard selects the used car he wants he likes it 10,000 price but finanicing through the dealer is no bargain.

4. Staff-level briefings are conducted by the supervisor to introduce co-workers, clarify tasks, define the scope of work, describe sources of work supplies, and present the work schedule.

On January 2, Matthews Corporation acquired 20% of the outstanding common stock of Dernier Company for $700,000. For the year ended December 31, Dernier reported net income of $180,000 and paid cash dividends of $60,000 on its common stock.

In 1998, Parker Corporation purchased land for $130,000. In 2010, Parker Company had the land appraised, and its value was estimated to be $190,000. Also during 2010, another company offered Parker $145,000 for the parcel of land.