MRPII will not allow an organization to integrate financial planning with operations and logistics

Indicate whether the statement is true or false


False

Business

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Jemco Corporation makes automotive engines. For the most recent month, budgeted production was 6,000 engines. The standard power cost is $8.80 per machine-hour. The company's standards indicate that each engine requires 6.1 machine-hours. Actual production was 6,400 engines. Actual machine-hours were 38,730 machine-hours. Actual power cost totaled $350,628. Required:Determine the rate and efficiency variances for the variable overhead power cost and indicate whether those variances are unfavorable or favorable. Show your work.

What will be an ideal response?

Business

The best way to overcome a sincere need objection by a business prospect is to:

A) explain how the prospect should engage in comparison shopping B) make the price the major selling point of the sales presentation C) prove that the product will improve the prospect's profits D) compare the product to others on the market E) reiterate all the features of the product

Business

The open price term requires a contract to mention a specific price

Indicate whether the statement is true or false

Business

All of the following are questions posed in the ethical decision-making metric except

A. Would the person I admire most engage in this activity? B. Would I want to see this action described on the front page of the local paper? C. Can I give a clear explanation for my action? D. Will I be able to look at myself in the mirror and respect what I see? E. Will this action help advance my career?

Business