If hours worked grew 1.5 percent last year and labor productivity grew 2.2 percent, then by how much did output grow over the year?

A. ?0.7 percent
B. 0.7 percent
C. 3.7 percent
D. 4.3 percent


Answer: C

Business

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US firms spend more on sales forces and sales force materials than on any other promotional method

Indicate whether the statement is true or false

Business

______ are simple decision rules that are used to select jobs for the next operation in order to control the flow of work as jobs progress through a single process, machine, or work center.

A. Scheduling rules B. Sequencing rules C. Priority rules D. Job processing rules

Business

Bauman Sales Corporation, a merchandising company, reported total sales of $4,069,800 for November. The cost of goods sold (all variable) was $2,351,100, the total variable selling expense was $204,000, the total fixed selling expense was $117,700, the total variable administrative expense was $102,000, and the total fixed administrative expense was $267,000.Required:a. Prepare a contribution format income statement for November.b. Prepare a traditional format income statement for November.

What will be an ideal response?

Business

Which of the following is a function of a supply chain planning software?

A) fleet routing B) predicting demand C) cross-docking D) optimizing shipping

Business