When deciding to purchase a new cutting machine or continue using the old machine, the following costs are all relevant EXCEPT the:

A) $100,000 cost of the old machine.
B) $40,000 cost of the new machine.
C) $20,000 disposal value of the old machine.
D) $6,000 annual savings in operating costs if the new machine is purchased.

A

Business

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Jane submits written notice of a health insurance claim to her insurance company. After a month has passed, the insurer still has not provided her with a claim form. Which of the following statements is CORRECT?

A) Jane should assume her claim has been denied. B) The insurer may not deny the claim, since it did not timely supply a claim form. C) The insurer should have furnished Jane with a claim form no later than 15 days after receiving the notice of claim. D) Jane must resubmit her notice of claim because more than 30 days have passed.

Business

Which of the following is a best practice in business and marketing?

A) end-product orientation B) reacting to competitors C) vertical integration D) stockholder driven E) teamwork

Business