A manager weighs three options for capacity cushion as depicted in Figure 4.1. If the dollar amounts expressed in the figure are cash flows, which option is optimal?
A) large cushion
B) medium cushion
C) small cushion
D) Not enough information is given to select an option.
B
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Technology can also enable much more sophisticated forms of communication in addition to knowledge sharing.
Answer the following statement true (T) or false (F)
The book value per share for a corporation is
a. the market price of the stock. b. the cost of investments in stock of other corporations. c. based on the excess of total assets over total liabilities. d. the amount stockholders would receive if they sold their shares back to the corporation.
Which of the following is a correct statement relating to the concept of mutual agency and the corporate form of business?
a. There is no mutual agency with the corporate form of business. b. Mutual agency may or may not exist in a corporation, depending on the individual state law. c. Mutual agency always exists in the corporate form of business. d. Mutual agency may or may not exist in a corporation, depending on a vote by the shareholders.
Which of the following statements describes a marketing implication that results from the intangibility of services?
A. The actual costs of a "unit of service" are hard to determine. B. Services cannot be readily displayed. C. Services cannot be inventoried. D. Services cannot be easily patented. E. All of the above.