Concurrent engineering approaches may create cross-functional teams that are likely to include all of the following except?

a. Engineering
b. Executives
c. Marketing
d. Operations


b. Executives

Business

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"How many dollars in average profits are generated per dollar of average investment?" is answered using which of the following capital budgeting techniques?

A. Accounting return on investment B. Net present value (NPV) C. Internal rate of return (IRR) D. Investment outlay valuation

Business

Key functional strategies of a company include all of the following except

A. production and information technology and supply chain management strategies. B. human resource and finance strategies. C. alliance and partnerships as well as merger and acquisition growth strategies. D. sales, marketing, and distribution strategies. E. R&D, technology, and product design strategies.

Business

The standard cost of direct labor per unit is calculated by:

a) multiplying the standard quantity of direct labor by the standard price of direct labor. b) dividing the standard quantity of direct labor by the standard price of direct labor. c) adding the standard quantity of direct labor to the standard price of direct labor. d) multiplying the actual quantity of direct labor by the standard price of direct labor.

Business

Marketing managers who attempt to raise the quality image of their product by selling it at high prices are following a(n) _____ strategy.

A. profit maximization B. market share C. maintained markup pricing D. prestige pricing E. investment asset

Business