Which of the following socialization tactics leads to an institutionalized role orientation?
A) informal
B) serial
C) disjunctive
D) random
B
Business
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Ajax Corporation is planning a 10 year project that will have an initial cost of $500,000. During the first 2 years, there will be cash outflows of $40,000. Years 3-6 will see cash inflows of $120,000. Years 7-10 will see cash inflows of $200,000. If the company's required rate of return is 9%, determine the NPV of the project.
A) $500,000 B) $225,650 C) $143,200 D) $375,800
Business
Competitors are most likely to react to a price change, when ________
A) the firm has a weak value proposition B) the firm enjoys a monopoly C) there are few competing firms D) the product is heterogeneous E) buyers have limited information
Business