"Profits are a reward for risk-bearing" would be a view held by

A) Joseph Schumpeter.
B) Frank Knight.
C) Henry George.
D) Karl Marx.

Cost-volume-profit analysis is based on necessary assumptions.Which of the following is not one of these assumptions?

A) Costs can be classified as variable or fixed.
B) Relevant range includes all possible levels of activity that a company might experience.
C) Sales price and variable costs per unit of output remain constant as volume changes.
D) A constant sales mix in a multiproduct company.
E) Total fixed costs are held constant.

Refer to Exhibit 15-2.The investment in Nimble Company stock should be reported on Clumzee's December 31, 2010, balance sheet at

A) $15, 000, 000
B) $15, 600, 000
C) $16, 800, 000
D) $17, 400, 000

Samantha is a project leader. Her team is going to work on a new technology. Some of the team members, who are not in the key positions, are not familiar with the new technology so a training session will be conducted to bring them up to speed. What would be the DPCI score for technology familiarity on this project?

A) 1
B) 2
C) 3
D) 4
E) 5

Dividend yield is calculated by dividing dividends per share by earnings per share and measures the current dividend return to investors.

As outlined in your text, all of the following are part of the feature-advantage-benefit approach except

A) it should describe the products advantages in comparison with alternatives.
B) it should accurately convey the product's major features.
C) it should communicate the value of the product to the customer.
D) it should detail how the product will provide benefits for the potential customer.
E) it should refute any complaints or objections about the product.