What advantages did the corporation offer to investors?

True or False. Data are always in numerical form.

The person who oversees the direct work of employees and is responsible for the day-to-day tasks the employees complete is likely a(n)

A. top-level manager

B. operational manager

C. middle manager

D. president of the company

What methods did railroad companies use to limit competition?

Discuss how you can overcome any problems that might hamper your current chances of getting a loan and how your business can improve its chances of securing short-term loans in the future.

Write sentences that use the given chapter vocabulary words, leaving blanks where the vocabulary words would go. Exchange your sentences with another student, and fill in the blanks in each other's sentences.

trade union

Write sentences that use the given chapter vocabulary words, leaving blanks where the vocabulary words would go. Exchange your sentences with another student, and fill in the blanks in each other's sentences.

network

Explain the significance of: (a) Knights of Labor, (b) Haymarket Riot, (c) American Federation of Labor, (d) ILGWU, (e) Triangle Fire.

Explain the significance of: (a) Cyrus Field, (b) Alexander Graham Bell, **(c)**Thomas Edison, (d) Gustavus Swift, (e) Elijah McCoy, (f) Henry Ford.

Explain the significance of: (a) Andrew Carnegie, (b) Bessemer process, (c) John D. Rockefeller, (d) Sherman Antitrust Act.

Explain the significance of: (a) William Vanderbilt, (b) George Westinghouse, (c) Cornelius Vanderbilt.

Refer to the Yum! Brands, Inc., consolidated financial statements on its website. Show amounts in millions and round to the nearest $1 million. How does Yum! Brands, Inc., value its inventories? Which costing method does Yum! Brands use?

Starbucks generates revenues in many different ways. In addition to owning its own stores, it licenses other companies to sell Starbucks brewed and ground coffees, teas, and other products.

a. For each of the following customers, describe how Starbucks should recognize revenue and the working capital accounts that would likely be created by the revenue recognition approach. (For Items 1–5, ignore sales tax.)

1. Cash customer purchasing coffee at a Starbucks-owned retail store
2. Customer adding cash balance to her Starbucks card
3. Customer at Starbucks-owned retail store paying for coffee with a Starbucks card
4. Other businesses that purchase Starbucks’ products on credit
5. Licensed stores
6. Customer remitting sales taxes to Starbucks when purchasing coffee

• b. Starbucks’ "gold-level" customers purchase 15 cups of coffee and then receive a free 16th cup of coffee. How should Starbucks account for this customer loyalty program? (Assume that the selling price for a cup of coffee is $2.20 and that the direct inventory cost per cup is$1.50.)

Frederick W. Taylor's research led to the emergence of scientific management, which is defined as

a. the application of scientific principles to the management of work and workers.

b. using the workplace to conduct scientific research on human behavior.

c. the study of management using a scientific approach.

d. eliminating waste and inefficiency at work.

e. researching optimal tools for motivating employees.