Mountain Dew has set a(n) ________ objective to increase its share of the market by 5 percent within the next two years.
A. environmental
B. need-satisfying
C. sales-target
D. target market
E. market tracking
Answer: C
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A manager who wants to introduce flexible work schedules in a company will write which one of the following proposals for management consideration?
a. solicited proposal b. RFP c. external proposal d. internal proposal
Which of the following is NOT an assumption of market efficiency?
A) Instruments denominated in other currencies are perfect substitutes for one another. B) Transaction costs are low or nonexistent. C) All relevant information is quickly reflected in both spot and forward exchange markets. D) All of the above are true.
Employees grouping together to present a unified front to management for more benefits and waitresses "pooling" their tips are examples of ________.
A. teams B. command groups C. task groups D. interest groups
A furniture manufacturer has an order for 20 custom wine cabinets for a large hotel in Ha-waii. It is estimated that the first cabinet will take 100 hours of shop time. An 85 percent learning curve is expected. The labor rate is $12.00 per hour. The pricing policy is to charge two times the labor cost for the order
a. How many hours will the 20th wine cabinet take? b. How many hours should the whole order take? c. What is the price of each cabinet?