What Is a Reason That Companies Might Want to "Buy

question 20

Multiple Choice

What is a reason that companies might want to "buy" instead of "make" talent from the market when looking to acquire employees with a particular skill set?

• A)External training methods are better than internal ones
• B)Companies are always willing to pay more for external employees
• C)External training is more advanced (up-to-date)than internal
• D)Scale economies can result in fixed education costs while in house education methods may be more expensive
• E)Externally trained employees are more likely to become better business leaders

Understand the basic earnings per share and its significance to investors.

Recognize the importance of financial reporting objectives and the conceptual framework of accounting.

Appreciate the qualitative characteristics of useful financial information.

Understand the difference between fundamental and enhancing qualitative characteristics.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied and demanded at the market equilibrium price.

Short-Run World Demand

Refers to the total quantity of a good or service that is demanded globally over a short period of time, with at least one factor of production held constant.

Citric Acid Cycle

Series of chemical reactions in which citric acid is converted into oxaloacetic acid, carbon dioxide is formed, and energy is released. The oxaloacetic acid can combine with acetyl-CoA to form citric acid and restart the cycle. The energy released is used to form NADH, FADH2, and ATP.

Electron-Transport Chain

Series of electron carriers in the inner mitochondrial membrane; they receive electrons from NADH and FADH2, using the electrons in the formation of ATP and water.