The manager of a revenue center has control over:
a. only costs.
b. only revenues.
c. both costs and revenues.
d. both revenues and investment decisions.
b
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You should avoid having a footnote after _______________
a. every sentence of phrase b. an exclamation point c. a negative statement d. extraneous information
A buyer for a large sporting goods store chain must place orders for professional footballs with the football manufacturer six months prior to the time the footballs will be sold in the stores. The buyer must decide in November how many footballs to order for sale during the upcoming late summer and fall months. Assume that each football costs the chain $45. Furthermore, assume that each pair can be sold for a retail price of $90. If the footballs are still on the shelves after next Christmas, they can be discounted and sold for $35 each. The probability distribution of consumer demand for these footballs (in hundreds) during the upcoming season has been assessed by the market research specialists and is presented below. Finally, assume that the sporting goods store chain must purchase
the footballs in lots of 100 units. Demand (in hundreds) Probability 4 0.30 5 0.50 6 0.20 (A) What is the payoff if the store orders 400 footballs and quantity demanded is 400 footballs? (B) What is the payoff if the store orders 400 footballs and quantity demanded is 500 footballs? (C) What is the payoff if the store orders 400 footballs and quantity demanded is 600 footballs? ?(D) What is the payoff if the store orders 500 footballs and quantity demanded is 400 footballs? ?(E) What is the payoff if the store orders 500 footballs and quantity demanded is 500 footballs? ?(F) What is the payoff if the store orders 500 footballs and quantity demanded is 600 footballs? ?(G) What is the payoff if the store orders 600 footballs and quantity demanded is 400 footballs? ?(H) What is the payoff if the store orders 600 footballs and quantity demanded is 500 footballs? ?(I) What is the payoff if the store orders 600 footballs and quantity demanded is 600 footballs? What will be an ideal response?
An agreement to restrain trade may be void on the grounds that it is: A)fraudulent
B)contrary to public policy. C)illegal lobbying. D) unfair to merchants.
Answer the following statements true (T) or false (F)
1) Corporate social responsibility (CSR) is a form of ethical behavior that requires that organizations understand, identify, and eliminate only unethical social behaviors. 2) Applying the principles of Corporate Social Responsibility (CSR), business can make the world a better place by alleviating poverty and improving environmental performance. 3) Information technology application and computing skills are defined as the ability to select and use appropriate technology to accomplish a given task. 4) A key part of a firm's value chain is collaboration with and management of the key suppliers. 5) In a supply chain for paper products, farmers that harvest fiber and wood chips are known as downstream members of the supply chain.