Read the Four Statements Below

question 15

Multiple Choice

Read the four statements below.Which of them is NOT evidence of the process called the "McDonaldization" of society?

• A)Bank tellers are being replaced with automatic teller machines (ATMs).
• B)People shop in carefully designed, climate-controlled malls.
• C)Colleges select students in terms of applicants' grades and test scores.
• D)Many new jobs demand creativity and imagination.

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Definitions:

Relevant Cash Flow

Cash flows that will occur as a direct result of a decision made by a business, essential in capital budgeting and investment analysis.

Interest Expense

The cost incurred by an entity for borrowed funds, often a significant component of its operating costs.

Initial Cost

The total expense incurred to acquire an asset, including the purchase price and any other costs necessary to get the asset ready for use.

Corporate Tax Rate

The percentage of a corporation's profits that it must pay as tax to the government.