When higher-level executives determine the budget amounts to be allocated for each department's advertising expenditures, a ________ approach is being used.

A. top-down
B. marginal contribution
C. Delphi
D. focus group
E. nominal group


Answer: A

Business

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Indicate whether the statement is true or false

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Pluto Travel Services provided the following information:

Direct labor rate: $40 per hour Predetermined allocation rate for indirect costs: $21 per direct labor hour Pluto is negotiating a job with a new client. The job will require 10 hours of direct labor. If Pluto wishes to have at least a 15% gross profit on the revenues, it needs to record $713 of revenues.

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The competitive pressures on companies within an industry come from all of the following except

A. those associated with the threat of new entrants into the marketplace. B. those associated with environmental factors such as water shortages. C. those associated with the bargaining power of suppliers and customers. D. those associated with the market maneuvering and jockeying for buyer patronage that goes on among rival firms in the industry. E. those companies in other industries attempting to win buyers over to their substitute products.

Business

A routing list may be included as part of the title page for an internal formal proposal

Indicate whether the statement is true or false

Business