What is a special order? What factors does a company consider when examining a special order?
A special order is typically a one-time offer received from a party that is not a usual customer. It often includes a sales price that is below the normal price charged to typical customers. Factors to be considered include whether the company has excess capacity, whether the order will interfere with regular operations, whether relevant costs associated with the order will be covered by the lower sales price, and qualitative factors such as possible reactions from regular customers who are paying a higher sales price.
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________ work for a buying firm in the areas most affected by a proposed change and work with the salespeople to make the proposal successful.
A. Spotters B. Gatekeepers C. Champions D. Influential adversaries E. Initiators
There are many challenges to changing doctors, including transferring medical records and losing the doctor patient relationship along with the doctor's knowledge of the patient's history. Changing doctors provides a great example of switching costs.
Answer the following statement true (T) or false (F)
When the researcher is reporting differences found from ANOVA, the table presentation becomes more challenging as there can be overlaps of nonsignificant differences and significant differences
Indicate whether the statement is true or false
A company had a beginning balance in retained earnings of $408,000. It had net income of $54,000 and declared and paid cash dividends of $59,000 in the current period. The ending balance in retained earnings equals:
A. $354,000. B. $521,000. C. $413,000. D. $467,000. E. $403,000.