It is wise to wait until you are earning a substantial amount of money before you establish a disciplined financial plan for your future

Indicate whether this statement is true or false.


Answer: FALSE

Business

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Based on the following operating data, the operating leverage is:     Sales$500,000 Variable costs 280,000 Contribution margin 220,000 Fixed costs 180,000 Income from operations$40,000 

A. 12.5 B. 1.22 C. 0.18 D. 5.50

Business

By definition, a(n) ________ proposal is one your audience has asked you to submit

A) external B) internal C) solicited D) unsolicited E) noncompetitive

Business

What are the merits of strategic alliances and collaborative partnerships for companies racing to seize opportunities in an industry of the future? Under what circumstances do they make sense? How do they contribute to competitive advantage?

What will be an ideal response?

Business

Darrell and Dave were fierce competitors, which drove both of them to overpay for many of their inputs, resulting in increased prices at their own stores

Dave realized this, and pondered how he could be recognized as a cost leader by his customers and maintain his reputation for quality merchandise. Sacrificing one element of his strategy at the expense of another is recognized as a trade-off in operations management. Indicate whether the statement is true or false.

Business