What qualifies someone as an accredited investor?
a. only a willingness to invest
b. net worth of the equivalent being invested
c. net worth over $1 million or income over $200,000
d. net worth over $200,000
c. net worth over $1 million or income over $200,000
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Poor execution in product development often results from
A. a preference for speed. B. not enough people doing the work. C. excessive market research. D. significant due diligence. E. resource scarcity.
What are the five major conflict management styles?
What will be an ideal response?
Comfort Cruiser Company manufactures 100 luxury yachts per month. Included in each yacht is a compact media center. Comfort Cruiser manufactures the media center in-house. The company is considering the possibility of outsourcing the production of the media centers in order to close down some of its facilities and reduce the administrative costs. At present, the variable cost per unit is $275, and fixed costs are $55,000 per month. Assume that if it outsources, fixed costs could be reduced by 60%. The production manager advised the company to contract with a foreign supplier who offered a contract cost of $410 per unit. If it outsources the media center, how would that affect operating income?
A) Operating income would increase by $19,500. B) Operating income would increase by $33,000. C) Operating income would decline by $19,500. D) Operating income would remain the same.
The Fort Smith Co. has the following information for last year:Material input4,396,000Labor hours112,000Yards of output produced1,155,000The partial productivity for materials is:
A. 1.136. B. 3.802. C. 0.263. D. 0.288.