With a level capacity plan, ______.
A. the company produces on a given day what is demanded on that day
B. the company produces at a steady rate and stores inventory
C. the firm may experience fluctuations in employment
D. the firm has low revenue margins due to high per-unit costs
B. the company produces at a steady rate and stores inventory
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Nike's goal to increase sales of its running shoes by 25 percent during the first 6 months of the new fiscal year is an example of a ________
A) differentiation objective B) positioning objective C) marketing objective D) marketing strategy E) target market strategy
A news story about a product is an example of sales promotion.
Answer the following statement true (T) or false (F)
Match each of the following terms with the appropriate definitions.
A. A bank authorized to accept deposits of amounts payable to the federal government, including payroll taxes. B. A special bank account used solely for paying employees; each pay period an amount equal to the total employees' net pay is deposited and the employees' payroll checks are drawn on that account. C. A record for a pay period that shows the pay period dates, regular and overtime hours worked, gross pay, net pay and deductions. D. A seller's obligation to replace or correct a product or service that fails to perform as expected within a specified period. E. Total compensation earned by an employee. F. Obligations due within one year or the company's operating cycle, whichever is longer. G. A calculation of a company's risk of its ability to pay interest when due. H. Compensation provided to employees beyond salaries and wages, such as premiums for medical insurance and contributions to pension plans. I. Payments of income taxes that are deferred until future years because of temporary differences between GAAP and tax accounting rules. J. A written promise to pay a specified amount on a definite future date within one year or the company's operating cycle, whichever is longer.
Jones has installed solar water heater panels on the roof of his home. The panels are connected by pipes to the water heater (located in the house). Jones' neighbor, Smith, has added a second story and a balcony to his (Smith's) home. The new addition
prevents the sun from hitting Jones' panels and Jones has not had a warm shower for a month. a. Does Jones have any rights against Smith for the prevention of the obstruction? b. Are the solar panels fixtures or personal property? Are any facts missing that are necessary for this determination? c. Suppose Jones' home is subject to a mortgage. The mortgage agreement has a clause covering all additions to the property. The mortgage was recorded on April 2, 2007. Jones had purchased the equipment for the solar panels on credit from Solar Water, Inc on November 19, 2009. What steps should Solar Water, Inc take to assure its interest in the panels? d. Is there any way Solar Water can enjoy priority over the bank's mortgage?