Rules are formed to

a. clarify cloudy areas of norms.
b. identify culturally ingrained principles of correct and incorrect behaviors.
c. clarify behavioral expectations of positions within a culture.
d. provide a means of exchanging information and assistance.

A

Business

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The total production costs at Kellner Machine Works are $87,000 out of which $45,000 represent fixed costs. Which of the following is representative of the variable costs incurred by the company?

A) $35,000 B) $42,000 C) $45,000 D) $87,000 E) $132,000

Business

A supplier firm and reseller firm, practicing mutual self-interests, partner because their respective managements understand that by sharing complementary resources and capabilities, they are more likely to achieve their respective self-interests

than if they act alone. Indicate whether the statement is true or false

Business