Internal marketing is more important for goods manufacturers than service firms
Indicate whether the statement is true or false
a. True
b. False
ANSWER: False
It is critical that service firms practice internal marketing, which means treating employees as customers and developing systems and benefits that satisfy their needs. While this strategy may also apply to goods manufacturers, it is even more critical in service firms.
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Calculate the contribution margin ratio. (Round your answer to two decimal places.)
Peeler's Smoothie Company has provided the following information:
A) 120%
B) 20%
C) 45.45%
D) 54.55%
The direct labor rate variance is the difference between the standard hours allowed and the actual hours multiplied by the actual labor rate
Indicate whether the statement is true or false
One of the primary values of convertible debt is that it is attractive to investors because:
a. their risk of loss is minimized b. they will be repaid for the loan when the company is successful c. they may be entitled to discounts on the share price d. they will be the first to own stock in your company
Compute IQR for the following data. 10 15 17 21 25 12 16 11 13 22
a. 6.25 b. 7.75 c. 5.14 d. 9.50