The reason the railroad industry defined its business incorrectly was because it was too:

a. transportation oriented
b. product oriented
c. customer oriented
d. all of the above
e. a and c only


b

Business

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Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is 98,000 units, and desired ending inventory is 80,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below. Material A .50 lb. per unit @ $ .60 per pound Material B 1.00 lb. per unit @ $1.70 per pound

Material C 1.20 lb. per unit @ $1.00 per pound The dollar amount of direct material B used in production during the year is: A) $1,057,400 B) $1,193,400 C) $1,026,800 D) $1,224,000

Business

During the question-and-answer period at the end of your presentation,

a. encourage the audience to ask questions. b. ask hostile questioners to leave the audience. c. allow the questions to continue until there are no more asked. d. avoid restating the question and instead focus on the answer.

Business

Which match of characteristics is correct?

a. Services ? Customers can easily compare competitors’ products b. Manufacturing ? Location based on low cost c. Services ? Tangible product d. Manufacturing ? Decentralized locations

Business

Stages of career development include organizational entry, early career, midcareer, late career, and

A. post career. B. preparation for work C. retirement. D. career re-entry.

Business