Which of the following is not a specialized form of business association?
A) joint stock company
B) syndicate
C) joint venture
D) racket
D
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A ________ consists of a group of customers who share a similar set of needs and wants
A) vertical marketing system B) market basket C) market share D) market segment E) market level
Consumer products that the buyer either does not know about or knows about but does not normally consider buying are referred to as ________ products
A) convenience B) unsought C) specialty D) shopping E) industrial
Levron Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$ 500Direct labor cost$ 2,640If the company marks up its unit product costs by 30% then the selling price for a unit in Job P978 is closest to:
A. $249.58 B. $52.98 C. $229.58 D. $204.10
Wearing white for business in Thailand is inappropriate
Indicate whether the statement is true or false.