Operations management (also called _____________ management) includes the methods, tasks and techniques organizations use to produce goods and services.

Fill in the blank(s) with the appropriate word(s).


Production

Business

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The financial statements of a business are intended to supply information to several interested parties such as: management, present and potential owners, creditors, employees and their unions, governmental agencies, and sometimes the general public

a. True b. False Indicate whether the statement is true or false

Business

In preparing consolidated financial statements, all of the following commonly require elimination entries except a(n)

a. intercompany loan. b. purchase from a nonaffiliated. c. intercompany sale. d. intercompany investment.

Business

Suppose you have $2,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 11.1% interest, compounded annually. How much will you have when the CD matures?

A. $7,105.46 B. $5,730.21 C. $6,818.95 D. $6,303.23 E. $4,526.87

Business

Dividing the market on the basis of personality, lifecycles, and/or lifestyles is referred to as

A. demographic segmentation. B. geographic segmentation. C. behavioral segmentation. D. socioeconomic segmentation. E. psychographic segmentation.

Business