If a Government Subsidizes a High-Tech Firm, Which, in Turn

question 57

Multiple Choice

If a government subsidizes a high-tech firm, which, in turn, allows it to increase sales and profits from international operations by more than the cost of the subsidy:

• A) it will be viewed as a strategic policy success.
• B) we have to discount any success because of the environmental degradation that always occurs.
• C) there will be a negative effect because the government should not and does not subsidize to gain international position for private firms.
• D) there could be increased costs in the future.

Understand the significance of quality control and areas for improvement to ensure high performance.

Comprehend the effects of productivity improvement strategies on employee perceptions and organizational turnover.

Understand the basic principles of business process reengineering.

Recognize the impact of motivation on employee attendance and productivity.

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Definitions:

Write Off

The accounting action of recognizing that an asset has reduced in value and reporting its loss.

Customer's Bill

A statement issued to a customer, outlining charges for goods or services provided.

Bad Debts Expense

The cost recognized by a business to account for receivables that are unlikely to be collected.

Net Credit Sales

The total value of sales made on credit minus returns or allowances, showing the actual credit sales amount that contributes to revenue.