Policy statements or procedural changes are generally neutral,so readers will not react emotionally to them.

When choosing the clothing you will wear for an interview,the best policy is to

A) pick something that will make you stand out from the crowd.
B) wear only bright colors.
C) dress as comfortably as possible.
D) dress conservatively.
E) be fashionable and trendy.

A recommended starting point in establishing a climate for creative thinking in an organization is to:

A) promote convergent thinking among employees.
B) establish a vision and mission that includes creativity.
C) have a highly structured organizational setup.
D) discourage risk taking.

Natural monopolies occur when:

A) government antitrust laws are too weak or not enforced.
B) negative externalities are present.
C) firms collude to set prices and divide the market among themselves.
D) one firm can service the market more cheaply than two or more firms can.
E) a public good is produced by a private firm.

Accumulated Depreciation and Service Fees Earned would be sorted to which respective columns in completing a work sheet?

A) Balance Sheet and Statement of Retained Earnings-Credit and Income Statement-Credit.
B) Balance Sheet and Statement of Retained Earnings-Debit and Income Statement-Debit.
C) Income Statement-Debit and Income Statement-Credit.
D) Balance Sheet and Statement of Retained Earnings-Debit and Balance Sheet and Statement of Retained Earnings-Credit.
E) Balance Sheet and Statement of Retained Earnings-Debit; and Income Statement-Credit.

Which of the following is most likely to affect the location decision of a service firm rather than a manufacturing firm?

A) energy and utility costs
B) attitude toward unions
C) parking and access
D) cost of shipping finished goods
E) labour costs

There is no federal statute of frauds.

Trail Bikes, Inc. sells three Deluxe bikes for every seven Standard bikes. The Deluxe bike sells for $1,800 and has variable costs of $1,200. The Standard bike sells for $600 and has variable costs of $200.​
a. If Trail Bikes has fixed costs that total $1,702,000, how many bikes must be sold in order for the company to break even?
b. How many of the bikes determined in (a) will be Deluxe bikes, and how many will be the Standard bikes?