If an airline determines that food quality is not one of its core competencies, it should ______.
a. improve the quality until it becomes a core competency
b. neglect food service in favor of focusing on other core competencies
c. look to accent its financial strength
d. it should sell its brand image
a. improve the quality until it becomes a core competency
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An auditor reviews purchase contracts to assess the conditions for the return of merchandise as a test related to which management assertion?
a. Existence b. Completeness c. Rights and Obligations d. Valuation
A company had total assets of $350,000, total liabilities of $101,500, and total equity of $248,500. Calculate the company's debt ratio.
What will be an ideal response?
The expected average rate of return for a proposed investment of $800,000 in a fixed asset, with a useful life of four years, straight-line depreciation, no residual value, and an expected total net income of $240,000 for the 4 years, is:
A) 30% B) 15% C) 60% D) 7.5%
Frito-Lay uses aggregate planning to match capacity with demand because of the ________ associated with its specialized processes
A) high variable cost and high fixed cost B) high variable cost and low fixed cost C) low variable cost and high fixed cost D) low variable cost and low fixed cost E) none of the above