Figure 2-1In Figure 2-1 above, D represents the
A. strategic business unit level.
B. CMO.
C. board of directors.
D. corporate level.
E. functional level.
Answer: E
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Functional relationships are long-term market exchanges characterized by behavioral loyalty.
Answer the following statement true (T) or false (F)
One type of standing plan, the __________, outlines the general response to a designated problem or situation.
A. policy B. project C. rule D. procedure E. program
Alieia Boat Company manufactures 10 luxury yachts per month. A navigation system is included in each yacht. Alieia Boat manufactures the navigation system in-house but is considering the possibility of outsourcing this function. At present, the variable cost per unit is $300, and the fixed costs are $38,000 per month. If it outsources the security system, fixed costs could be reduced by half, and the vacant facilities could be rented out to earn $3000 per month of rental income. What is the maximum contract cost that Alieia should pay for outsourcing?
A) any cost lower than $2500 per unit B) any cost lower than $2200 per unit C) any cost lower than $300 per unit D) any cost lower than $3800 per unit
Jack Masters earns $35,000 a year. His monthly expenses total $1,500. What is the minimum amount of money that Mr. Masters should set aside in an emergency fund?
a. $6,000 b. $3,000 c. $4,500 d. $8,750 e. $1,500