Parts standardization typically does NOT:
A) reduce the time to develop a new product.
B) reduce the cost of final products.
C) reduce the profit of a new product.
D) reduce the cost of developing new products.
Answer: C
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Why does a sole proprietorship not pay taxes at the business level?
A) It is not a separate legal entity from the owner. B) It is a small business that is exempted from taxation. C) It is a not-for-profit organization. D) It is generally an institution with no business dealings.
Doris and Daniel work for AAA fitness centers. Doris is the CEO and Daniel is the head of marketing. They are working on a big ad campaign to get new members to join their gyms. Doris calls Daniel and tells him to spend $15,000 on TV ads. Daniel has not eaten for over 12 hours so he is having trouble concentrating on the conversation. As a result, Daniel thinks he hears Doris say "$50,000" on TV ads. Which concept of the communication model is highlighted in this scenario?
a. Increased noise b. Individual hygiene factors c. Increased chaos d. Technology disruption
The difference between the left-hand side and right-hand side of a less-than-or-equal-to constraint is referred to as
A) surplus. B) constraint. C) slack. D) shadow price. E) None of the above
The Export-Import Bank is an independent agency of the U.S. government established in 1934 to:
A) ship money abroad. B) import agricultural products during the recession. C) facilitate and stimulate foreign trade of the United States. D) none of the above