________ variability is change in demand that can be forecasted
A) Capacity
B) Predictable
C) Inventory
D) Backlog
Answer: B
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Which of the following situations indicates that it makes better sense to first undertake a part-time business?
A. Damon wants to gain experience in the advertising industry. B. Cathy has funds to start her own music school. C. Jamie wants to start a franchise for an international brand. D. Byron has a full-time business plan.
Assuming that the standard fixed overhead rate is based on full capacity, the cost of available but unused productive capacity is indicated by the:
A) factory overhead cost volume variance B) direct labor cost time variance C) direct labor cost rate variance D) factory overhead cost controllable variance
In evaluating internal and external information sources, companies need to consider not only what information is important but also the source of the data.
Answer the following statement true (T) or false (F)
To differentiate between the various market segments, the firm must either eliminate barriers that identify product or service attributes the segments value differently
Indicate whether the statement is true or false.