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History (H) refers to the occurrence of events before the experiment
Indicate whether the statement is true or false
Decentralization is:
a. an advantage of budgeting. b. the practice of delegating authority to lower level managers. c. the practice of allowing lower-level managers to participate in the budget. d. a practice not recommended. e. All of the answers are correct.
An employer-paid decision-making leave
A. gives employees time to consider a new job offer in other organizations. B. is reserved for white-collar and scientific employees. C. gives employees time to consider whether they wish to remain with the organization. D. is often used to let an irate employee calm down.
Bochenski Mechanical Corporation has developed a new industrial grinder-model UF-48-that has been designed to outperform a competitor's best-selling industrial grinder. Model UF-48 has a useful life of 80,000 hours of service and its operating cost is $1.00 per hour. In contrast, the competitor's product has a useful life of 20,000 hours of service and has operating costs that average $1.80 per hour. The competitor's industrial grinder sells for $129,000. Bochenski has not yet established a selling price for model UF-48.Required:From a value-based pricing standpoint what is the differentiation value offered by model UF-48 relative to the competitor's offering for each 80,000 hours of service?
What will be an ideal response?