Which of following statements is true of short-term decision making?
A. All costs behave in the same way.
B. Unit manufacturing costs are variable costs.
C. Fixed costs and variable costs must be analyzed separately.
D. All costs involved in a decision are considered relevant.
Answer: C. Fixed costs and variable costs must be analyzed separately.
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Which of the following statements is true regarding people with political skill?
A. They tend to be less able to tolerate stress than other people. B. They tend to gain more personal power than other people. C. They tend to have more trouble getting promoted than other people. D. They tend to disconnect from the organization early in their career.
Dr. Gonzalez ordered specialized surgical equipment from Physician's Supply Co, but his order was not delivered by the agreed date. Gonzalez is under no obligation to minimize damages since the contract was breached by Physician's Supply, not Gonzalez
a. True b. False Indicate whether the statement is true or false
Accepting the "marketing concept" means that a firm should have a ________ orientation.
A. research B. planning C. sales D. marketing E. production
Any breach discharges the nonbreaching party from the contract
Indicate whether the statement is true or false