Roscoe Products produce widgets. Using a(n) ________, they are able to achieve economies of scale by specializing the application of labor to specific and standardized functions.

A. closed design
B. organic structure
C. open design
D. traditional design
E. horizontal structure


Answer: D

Business

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Stores are using ________ to measure a product's handling costs from the time it reaches the warehouse until a customer buys it in the retail store

A) electronic data interchange (EDI) B) direct product profitability (DPP) C) radio-frequency identification (RFID) D) global positioning systems (GPS) E) compounded annual grown rate (CAGR)

Business

Mary Adams is helping her company develop a marketing program for a new product line. The program is designed to appeal most to less materialistic consumer groups who are likely to prize experience, not acquisition

The marketing program is most likely designed to appeal to which of the following demographic groups? A) Generation X B) Millennials C) Echo Boomers D) Silent Generation E) Lost Generation

Business

A stock has a beta coefficient, ?, equal to 1.20. The risk premium associated with the market is 9 percent, and the risk-free rate is 5 percent. Application of the capital asset pricing model indicates that the stock's appropriate return should be _____.

A. 9.8% B. 5.2% C. 12.5% D. 15.8% E. 17.2%

Business

Which of the following would generally indicate an improvement in a company's financial position, holding other things constant?

A. The TIE declines. B. The DSO increases. C. The quick ratio increases. D. The current ratio declines. E. The total assets turnover decreases.

Business