Officers of a company are elected by a vote of the shareholders.

a. true
b. false

Ans: b. false

Business

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Which of the following was an area of interest for Lillian Gilbreth, an influential contributor?

A. how poor labor coordination caused problems B. how job satisfaction motivated employees C. how bureaucratic positions can foster specialized skills D. how the piece rate system affected productivity

Business

A company has an operating income of $20 million and total fixed expenses of $10 million. 5 million units are produced at a margin of $6 per unit

What should the margin per unit be if the company needs to achieve a break-even volume for the same number of units? A) $1 per unit B) $2 per unit C) $3 per unit D) $4 per unit E) $5 per unit

Business