Which of the following is an upstream cost?
A. Sales promotion and advertising costs
B. Research and development costs
C. Shipping costs to ship completed goods
D. Sales commissions
Answer: B
You might also like to view...
A firm following a focus strategy
A. must avoid entering international markets. B. must focus on a market segment or group of segments. C. must focus on governmental regulations. D. must focus on the rising cost of inputs.
When using just-in-time for nonmanufacturing processes,
a. only one product can be identified per department. b. centralized departments allow elimination of waiting time. c. just-in-time cannot be used for nonmanufacturing processes. d. the customer serves as the "product" of the process.
According to Maslow's hierarchy of needs,
A. individuals simultaneously try to satisfy all five levels of needs. B. self-actualization needs are the most important needs to be met for most individuals. C. individuals first address needs at the top of the pyramid and then move down to the lower level needs. D. levels of needs are different for everyone, and we all try to satisfy them in a different order. E. individuals first satisfy the most basic needs and then try to fulfill needs at the next level up.
Which of the following, if true, undermines the argument that Parallel Beauty Salon should expand its hours as well as include a snack bar and a childcare service for its customers?
A) A recent survey of the salon's current customers, as well as other area residents, reveals that stay-at-home moms would be willing to pay extra for salon services like childcare and snacks. B) The expenses incurred by opening earlier and running a mini-snack bar and a childcare service would equal the amount of money brought in by having additional customers. C) Parallel Beauty's competitor, Salon Sunflower, was successful in attracting stay-at-home moms when it offered childcare services and provided vending machines for its customers. D) Parallel Beauty has consulted with financial experts who predict that implementing the proposed changes would increase the salon's monthly expenses by about 10 percent. E) Parallel Beauty Salon's hair stylists are relatively young and do not have any real experience handling small children or preparing quick meals like soups, sandwiches, and wraps.