Process costing is used in companies that
a. engage in road and bridge construction.
b. produce sailboats made to customer specifications.
c. produce bricks for sale to the public.
d. construct houses according to customer plans.
C
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Which of the following is true regarding customer buying power?
A) When customer buying power is high, the cost of serving customers decreases. B) When customer buying power is high, the market attractiveness increases. C) When customers can easily switch from one supplier to another, the competition decreases. D) When the purchased product or service is of limited importance to the customer, supplier dependence is much higher. E) When customer buying power is high, they force increased competition.
Which of the following functions of public relations departments involves presenting news and information about the organization in the most positive light?
A) corporate communications B) product publicity C) lobbying D) counseling E) press relations
Why is it important for organizations to promote healthy work-life balance?
a. Employees will not seek promotions or raises so often. b. Workloads can be increased to each employee. c. Employees become more committed to their work. d. Employers can reduce vacation time.
Describe the relationship between sales, finance, and marketing as illustrated in this case.
What will be an ideal response?