Which of the following is an example of an operational decision?
A. Make the product available in every possible retail outlet.
B. Focus promotion on the economy of the product.
C. Set a price that is no higher than competitors' prices.
D. Have a salesperson visit the manager of a new hardware store that will open next week.
E. None of these is an example of an operational decision.
Answer: D
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Bantam Industries has budgeted the following information for March: Cash receipts$271,000 Beginning cash balance 5,000 Cash payments 280,000 Desired ending cash balance 25,000 If there is a cash shortage, the company borrows money from the bank. All cash is borrowed at the beginning of the month in $1,000 increments and interest is paid monthly at 1% on the first day of the following month. The company had no debt before March 1st. How much cash will the company need to borrowed in March?
A. $4,000 B. $29,000 C. The company should not need to borrow any cash in March D. $25,000
Which of the following is NOT an underlying trait of character of an effective leader identified by Johnson?
A. Reverence B. Temperance C. Confidence D. Compassion
Customer insights experts work to understand how customers interact with each other
Indicate whether the statement is true or false
If fixed costs are $180,000, variable costs are $38 per unit, and the product sells for $70, the breakeven point in sales dollars is $5,625
Indicate whether the statement is true or false