Which statement BEST describes the report introduction?
a. It may be a copy of the report proposal.
b. It may be omitted if the report preliminaries include the problem and purpose.
c. It provides information needed to understand the rest of the report.
d. It should not describe the research methods.
c
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________ depicts a market in which the sources of competitive advantage can change quickly, and maintaining above-average profits over a long time is difficult.
a. Hypercompetition b. Low-level competition c. High-level competition d. Oligopoly
Organizations’ external environments are ______.
A. not interdependent B. not homeostatic C. not linear D. all of these
Woodhead Inc. manufactures one product. It does not maintain any beginning or ending inventories. The company uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to Cost of Goods Sold. Its standard cost per unit produced is $37.45. During the year, the company produced and sold 24,400 units at a price of $47.40 per unit and its selling and administrative expenses totaled $92,000. The company does not have any variable manufacturing overhead costs. It recorded the following variances during the year: Materials price variance$8,760FMaterials quantity variance$550ULabor rate variance$27,885ULabor efficiency variance$17,200FFixed manufacturing overhead budget variance$17,400FFixed manufacturing overhead volume
variance$18,900FThe net operating income for the year is closest to: A. $150,780 B. $184,605 C. $151,026 D. $259,859
In the information age, the obligations that individuals and organizations have concerning rights to intellectual property fall within the moral dimension of:
A) property rights and obligations. B) system quality. C) accountability and control. D) information rights and obligations. E) quality of life.