________ is the management concept holding that management practices should be molded to the different sets of values, beliefs, attitudes, and behaviors exhibited by a diverse workforce
Fill in the blank with correct word.
Answer: Cultural relativity concept of management
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Given zero-coupon bond yields are 5.2%, 5.5%, and 5.8% in years 1, 2, and 3, respectively, calculate the prepaid swap price for corn. Assume corn forward prices for the proceeding 3 years are $2.10, $2.20, and $2.35, respectively
A) $5.96 B) $6.04 C) $6.12 D) $6.20
Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow:
Total Luxury Sporty Sales revenue $490,000 $360,000 $130,000 Variable expenses 355,000 235,000 120,000 Contribution margin 135,000 125,000 10,000 Fixed expenses 76,000 38,000 38,000 Operating income (loss) $59,000 $87,000 $(28,000 ) If $20,000 of fixed costs will be eliminated by discontinuing the Sporty line, how will operating income be affected? A) Decrease $30,000 B) Increase $10,000 C) Increase $69,000 D) Increase $128,000