If the current market rate of interest is 8%, then the present value (PV) of this stream of cash flows is closest to ________

Which of the following pricing objectives is best suited for use during the introductory stage of

the life cycle of lower-end products going to mass markets? A) market skimming pricing objective B) market share maximization pricing objective C) product-quality leadership pricing objective D) profit maximization pricing objective

The two most common forms of representative participation are ________ and board representatives

A) quality circles B) work councils C) employee unions D) task teams E) cross-functional teams