IS personnel with service mentality believe that the customers own the technology and the information and that the technology and information are there for the customers, not for the systems personnel

Indicate whether the statement is true or false


TRUE

Business

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Costs for which of the following activities should not be included in research and development (R&D)?

A) modification of the formulation or design of a product or process B) design of tools, jigs, molds, and dies involving new technology C) design, construction, and testing of preproduction prototypes and models D) trouble-shooting in connection with breakdowns during commercial production

Business

In which of the following geographic pricing strategies would customers located close to the company pay the same amount as customers in distant locations?

A) uniform-delivered pricing B) zone pricing C) FOB-origin pricing D) location-based pricing E) reference pricing

Business

Which of the following statements is TRUE of Florida Chemicals Company's statement of cash flows for 2018?

Florida Chemicals Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:



Net Income for the year was $57,000.

A) The company issued stocks for $30,000.
B) The company declared $52,000 as dividends.
C) The company purchased treasury stock for $8400.
D) The net cash flow from financing activities is $180,600.

Business

In some industries, personal selling accounts for most of the promotional budget. This is true because

A. the average cost per sales call has decreased since 1980. B. it is not as expensive as other forms of communication. C. one sales call is not likely to be enough to close a deal. D. it has a wider reach than the mass media. E. the cost per sales call is less than the cost per message through other media.

Business