A benefit of corporations is that they are free from double taxation.
Answer the following statement true (T) or false (F)
False
Double taxation is a disadvantage of corporations.
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Suppose that a Swiss watch that costs 400 francs in Switzerland costs $200 in the United States. The exchange rate between the franc and the dollar is
a. 2 francs per dollar. b. 1 franc per dollar. c. $2 per franc. d. $3 per franc.
Answer the following statements true (T) or false (F)
1. The purpose of an information system in a hospitality organization is to assist in creating the service experience that the customer expects. 2. Providing information to the guest is in itself a service that is often just as important as the primary service that the organization provides. 3. It is important to share as much information with employees and guests as possible, even if it is not particularly important to them. 4. Information about services offered is usually found as part of the service product itself rather than within the service environment. 5. Information can also be considered part of the service product.
Taylor manufactures 12,000 units of a part used in its production to manufacture guitars. The annual production activities related to this part are as follows: Direct materials, $24,000 Direct labor, $60,000 Variable overhead, $54,000 Fixed overhead, $84,000 Best Guitars, Inc, has offered to sell 12,000 units of the same part to Taylor for $22 per unit. If Taylor were to accept the offer, some of
the facilities presently used to manufacture the part could be rented to a third party at an annual rental of $18,000 . Moreover, $4 per unit of the fixed overhead applied to the part would be totally eliminated. What should Taylor's decision be, and what is the total cost savings that would result? a. Make, $60,000 b. Buy, $60,000 c. Make, $78,000 d. Buy, $78,000
Disadvantages of mass customization include ______.
A. high capital investment B. high use of capacity C. increased use of automation D. decreased quality