The acronym IAAP stands for
a. International Administrative Assistant Professionals.
b. International Association of Administrative Professionals.
c. Incorporated Administrative Assistant Professionals.
d. None of the above.
B
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The ________ framework was developed by Professor Richard D'Aveni to describe a business environment in which no form of competitive advantage can be sustained for long because of escalating and accelerating competitive forces
A) five forces model B) generic strategies C) strategic intent D) hypercompetition E) factor conditions
A corporation is evaluating the relevant cash flows for a capital budgeting decision and must estimate the terminal cash flow. The proposed machine will be disposed of at the end of its usable life of five years at an estimated sale price of $2,000
The machine has an original purchase price of $80,000, installation cost of $20,000, and will be depreciated under the five-year MACRS. Net working capital is expected to decline by $5,000. The firm has a 40 percent tax rate on ordinary income and long-term capital gain. The terminal cash flow is ________. A) $5,800 B) $7,800 C) $8,200 D) $6,200