A vision provides a ______ for the future. It describes where the organization is headed.
A. focus point
B. formal plan
C. specific plan
D. mission
A. focus point
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If a company chooses to focus marketing efforts on children, which demographic variable is being used to segment the market?
A) gender B) age C) generations D) benefits
Answer the following statements true (T) or false (F)
1. If a business is considering buying a new vehicle, the cost of the insurance premium is relevant to the business decision. 2. Managerial accountants assist managers in the decision-making process by gathering and analyzing relevant information. 3. When considering whether to replace the building roof, the total amount paid for previous roof repairs is relevant to the business decision. 4. If a business is considering whether to replace old equipment with newer equipment, the cost of operating the old equipment, compared to the cost of operating the new equipment, is relevant to the business decision. 5. Tryniski Company is considering purchasing a new truck. The decision has been narrowed to two models. The cost of each of these two trucks is relevant to this business decision.
The theory of constraints can
a. Identify what limitations exist with raw material suppliers. b. Follows a methodology similar to linear programming. c. Show where bottlenecks exist and sets the limit of output to these bottlenecks. d. Be ignored since it assumes too many estimates in the production cycle.
Alexis has a talent that allows her to work at a few different companies at once. She is hired by each organization to perform a project or task. Once in a while, her projects are similar in nature and she is able to get paid almost double for the same work. Alexis is working as a
a. Free agent b. Flextime worker c. Part-time worker d. Telecommuter