Preventive maintenance requires the least maintenance effort
Indicate whether the statement is true or false
TRUE
Explanation: An ounce of prevention applies to systems maintenance as well. Preventive maintenance can save the company money as well as reduce the chance of systems failure.
CL
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Which of the following statements is TRUE, if the sales volume increases by 10%?
Waterproof Roofing Company has provided the following information:
A) Operating income will increase by $50,600.
B) Operating income will increase by $27,300.
C) Fixed expenses will increase by $21,600.
D) Contribution margin will increase by $77,900.
An organization buying its raw material from many suppliers is likely to face a decrease in
profits due to the bargaining power held by suppliers. Indicate whether the statement is true or false
You leave your jacket on a hook at the front of a restaurant, just below the sign that says "Not responsible for lost or stolen articles of clothing
" During your meal, a waiter walks by the coat rack with a flaming drink, and your jacket catches fire. Can you sue the restaurant for the damage? Why or why not? A) No. You must have seen the sign, which excludes liability. B) Yes. There has been a fundamental breach of contract. Your meal was ruined. C) Yes. The exclusion clause will be strictly construed, and your jacket was neither lost nor stolen. D) No. The jacket never left your possession. E) Both B and C
A firm's "marketing mix" decision areas do NOT include
A. Promotion. B. Product. C. Price. D. Place. E. People.