When task uncertainty is high, the appropriate coordinating mechanism is to govern by rule

Indicate whether the statement is true or false

FALSE

Business

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Clapton Corporation is considering an investment in new equipment costing $918,000

The equipment will be depreciated on a straight-line basis over a ten-year life and is expected to have a residual value of $98,000. The equipment is expected to generate net cash flows of $152,000 for each of the first five years and $116,000 for each of the last five years. What is the accounting rate of return associated with the equipment investment? (Round your answer to two decimal places.) A) 10.95% B) 11.34% C) 9.05% D) 10.24%

Business

Alcatel-Lucent, the French telecommunications equipment manufacturer, has launched a service that sends tailored text messages when smartphone users are near a specific location, such as a store, hotel, or restaurant

This capability can help in all of the following ways except: A) text messages can be sent to smartphone users who are in the vicinity. B) offering special deals to smartphone users who happen to be in the vicinity. C) promoting mobile campaigns which will reach smartphone users. D) obtaining demographic information about the smartphone users. E) locating smartphone users for delivering products or services.

Business