A firm following a focus strategy
A. must avoid entering international markets.
B. must focus on a market segment or group of segments.
C. must focus on governmental regulations.
D. must focus on the rising cost of inputs.
Answer: B
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Which of the following is the final link in the project development chain?
A. distribution B. finance C. human resources D. advertising
The following data relate to direct materials costs for November: Actual costs 4,700 pounds at $5.40 Standard costs 4,500 pounds at $6.00 What is the direct materials price variance?
A) $2,700 favorable B) $120 favorable C) $2,820 favorable D) $1,700 unfavorable
Lawrence is evaluating a report that he will be submitting to his supervisor. What should Lawrence ask himself during the evaluation process?
A) Will the report attract my supervisor's attention? B) Will the report convince my supervisor that I am worth listening to? C) How will I know whether the report is successful? D) Lawrence should ask all of these questions.
Mention a disadvantage of ranking.
What will be an ideal response?