Stock levels at which new orders must be placed are known as _____
a. reorder points
b. usage rates
c. order lead time
d. safety stock
a
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Actively selling strategic plans to middle and supervisory managers, rather than just announcing them, is helpful for
A. situation analysis. B. strategy formulation. C. strategy implementation. D. contingency planning. E. strategic control.
There are three major issues to consider when constructing the message: the content of the message, the structure of the message, and the ________ style.
Fill in the blank(s) with the appropriate word(s).
Most companies receiving a claim message tend to A) ignore the first phone call, e-mail, or letter
B) respond only to letters containing complaints that could result in lawsuits or financial harm. C) respond promptly because they want to maintain customer goodwill and loyalty. D) wait two to six weeks to establish a "cooling-off period" prior to responding.
Butler Corporation is considering the purchase of new equipment costing $30,000. The projected annual after-tax net income from the equipment is $1,200, after deducting $10,000 for depreciation. The revenue is to be received at the end of each year. The machine has a useful life of 3 years and no salvage value. Butler requires a 12% return on its investments. The present value of an annuity of $1 for different periods follows: Periods12%10.892921.690132.401843.0373 What is the net present value of the machine?
A. $30,000. B. $(3,100). C. $26,900. D. $24,018. E. $(29,520).