You have always wanted to own your own McDonald's restaurant. You contacted this
corporation and received the details of purchasing one of these restaurants.
If you are granted
permission, you will become a ________ and the McDonald's corporation is the ________.
A) franchiser; franchisee B) franchisee; franchisee
C) franchisee; franchiser D) franchiser; franchiser
C
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Another term for hindsight bias is ______.
A. Hubris B. I-knew-it-all-along effect C. escalation of commitment D. overconfidence
A hospital that spends hundreds of thousands of dollars on lifesaving monitoring equipment demands that the seller provide in-service training on the equipment for its personnel
The hospital also expects the seller of the equipment to quickly respond any time the equipment needs maintenance. The monitoring equipment is an example of a(n) ________. A) goods-dominated product B) service-dominated good C) equipment-based service D) facility-based service E) people-based service
Helmers Corporation manufactures a single product. Variable costing net operating income last year was $85,000 and this year was $101,900. Last year, $31,700 in fixed manufacturing overhead costs were released from inventory under absorption costing. This year, $12,000 in fixed manufacturing overhead costs were deferred in inventory under absorption costing.What was the absorption costing net operating income last year?
A. $89,900 B. $85,000 C. $116,700 D. $53,300
What are the two basic methods for obtaining primary information about customers?
A. questioning and observing B. Internet search and library search C. intranet and data from private research organizations D. marketing information systems and cost data E. defining and analyzing