Examlex

Solved

Additional Case 8.4 RightChoice Is a Computer Retailing Company. It Is Very Popular

question 136

Multiple Choice

Additional Case 8.4
RightChoice is a computer retailing company. It is very popular with employees because of flexible shifts, rotating job schedules, and the lenient policies regarding time off for family care. This also makes employee cohesiveness very important because sometimes employees will be called to work on days off or pulled off of another job in order to help in a different department. Though this may be a difficulty for a larger business, the atmosphere and benefits that come with such flexibility are appreciated by employees.
The application process includes a brief interview and a short test to determine whether applicants have mastered basic literacy skills. During the most recent hire cycle, RightChoice found that some applicants who desired retail and customer service positions had not mastered basic reading, writing, and arithmetic. In response, RightChoice garnered the assistance of a local community college, along with some middle and upper-level managers in providing training to the new employees to give them the necessary skills in performing their jobs.
After this hire, Lexi, an upper-level manager suggests that the new employee socialization process should consist of a short-term program that explains to the employees their job position and its place in the company, and a tour of the business.
-Refer to Additional Case 8.4.The literacy training that RightChoice provides its employees is focused on:

Understand the concept of sunk costs and their irrelevance to future cash flows in capital budgeting decisions.
Calculate initial outlays, operating cash flows, and terminal cash flows for investment projects.
Apply the Modified Accelerated Cost Recovery System (MACRS) for tax depreciation purposes.
Analyze the impact of depreciation on cash flows and tax liabilities.

Definitions:

South America

A continent located in the Western Hemisphere and mostly in the Southern Hemisphere, known for its diverse cultures, landscapes, and history.

Tenochtitlán

The capital of the Aztec Empire, located on an island in Lake Texcoco in what is now Mexico City.

European City

An urban settlement within Europe characterized by historical architecture, diverse cultures, and significant influences on global culture and politics.

Venice

A city in northeastern Italy, famous for its unique canal system, picturesque waterways, and historical significance as a major maritime power during the Middle Ages and Renaissance.

Related Questions