Describe the key differences between job shop, batch, assembly line, and continuous processes. Provide at least one example of each type of process.
What will be an ideal response?
A successful answer will present differences in processes.
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The measure of how money invested in marketing turns into sales is known as
A) production concept. B) consumer potential. C) arenas. D) return on investment. E) demographics.
"Now available-the latest fall fashions" is an example of a(n) ________ advertising message.
A. socially responsible B. reminder C. persuasive D. informative E. institutional
From a budgeting view, which of the following statements is not true concerning variances?
A) A favorable expense variance means the budgeted amount was more than actual. B) Cumulative variance = current month's variance + variances of previous months. C) Ideally, cumulative variances for the year will equal zero. D) Ideally, cumulative variances for the year should have a positive value.
Most business start-ups ____________________ within the first five years.
Fill in the blank(s) with the appropriate word(s).