The prices of a product are determined by the global supply and demand

Indicate whether the statement is true or false


TRUE

Business

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Fostering a climate that encourages ethical behavior by the sales force requires management to do all of the following EXCEPT:

A. formally discourage "whistle-blowing." B. ensure that top management behaves ethically. C. establish an ethics committee. D. discipline wrongdoers. E. establish control systems.

Business

Rug Designs Inc, a manufacturer of large area rugs, markets its products throughout the United States using a network of regional sales offices. They are using a ________ sales-force structure

A) market B) customer C) product D) regional E) territorial

Business

Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts. Assume that Frank Company uses a perpetual inventory system.Increase = I Decrease = D No Effect = NA(Note that "No Effect" means that the event does not effect that element of the financial statements or that the event causes an increase in that element that is offset by a decrease in that same element.) Wetzel Co. paid $100 cash to a freight company for delivering inventory that Wetzel had purchased from Jacobs Company with freight terms FOB shipping point.AssetsLiabilitiesStk. EquityRevenuesExpensesNet IncomeStmt of Cash Flows???????

What will be an ideal response?

Business

Alghamdi Corporation keeps careful track of the time required to fill orders. The times required for a particular order appear below: HoursWait time10.4Process time1.1Inspection time0.1Move time2.4Queue time9.3?Required:a. Determine the throughput time.b. Determine the manufacturing cycle efficiency (MCE).c. Determine the delivery cycle time.

What will be an ideal response?

Business