Organizational language, ceremonies, and stories help people "learn the ropes" and the organization's cultural values

In the variable-cost approach, the markup percentage covers the

a) fixed costs only. b) desired ROI and selling and administrative expenses. c) desired ROI only. d) desired ROI and fixed costs.

Which of the following statements regarding an option is false?

a. An option may not be exercised after the expiration of the option term. b. Consideration needs to be provided in exchange for granting the option. c. The option binds the optionee to performance. d. An option does not provide the optionee the right to use the land during the option period.