What is a production budget?

What will be an ideal response?


A production budget shows the number of units to be produced in a period, based on unit sales projected in the sales budget, along with inventory considerations. The production budget does not show costs; it is always expressed in units of product.

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If a Lexus car is priced in U.S. dollars and sold at the dollar converted price in Indian rupees, what problems can be expected? What is the difference between ethnocentric, polycentric and geocentric pricing?

What will be an ideal response?

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The impact of country of origin is independent of the type of product

Indicate whether the statement is true or false

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Which act was one of the first new laws Congress passed in 1963 that made it unlawful to discriminate in pay based on sex when jobs involve equal work and are performed under similar working conditions.

A. Vocational Rehabilitation Act of 1973
B. pregnancy discrimination act
C. Equal Pay Act
D. Title VII of Civil Rights Act 1964

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Compare and contrast Maslow’s hierarchy of needs theory with McClelland’s need theory.

What will be an ideal response?

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