Identify the statement that is true about personnel policies.
A) Policies should not include promotions and benefits.
B) A case-by-case treatment is preferable to a common policy.
C) Personnel policies lead to reduced workplace safety.
D) Personnel policies hinder customer relations.
E) Personnel policies promote fair decision making.
Answer: E) Personnel policies promote fair decision making.
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A low price buys market share but not market loyalty. The same customers will shift to any lower-priced product that may come along. This is called the ________ trap
A) low-price B) relative-market-share C) shallow-pockets D) target-market-share E) fragile-market-share
Dakota, Inc. is currently considering an eight-year project that has an initial outlay or cost of $140,000. The cash inflows from its project for years 1 through 8 are the same at $35,000. Dakota has a discount rate of 12%
Because there is a shortage of funds to finance all good projects, Dakota wants to compute the profitability index (PI) for each project. That way Dakota can get an idea as to which project might be a better choice. What is the PI for Dakota's current project? A) About 1.24 B) About 1.21 C) About 1.19 D) About 1.09