If you break the law in another country, you may
a. not call anyone other than a lawyer.
b. only be tried for a crime according to the laws of your home country.
c. ask the consulate for legal, medical, or financial advice.
d. ask the consulate to get you out of jail.
C
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________ is the process of carefully managing detailed information about individual customers and all customer "touch points" to maximize loyalty
A) Customer relationship management B) Customer lifetime value C) Customer profitability analysis D) Customer satisfaction analysis E) Customer-value delivery
Explain expectancy theory, and discuss how managers can use this model to help motivate subordinates.
What will be an ideal response?
Parr Corporation makes three products, X, Y, and Z. Expected overhead costs for the coming year include:
Parr uses direct labor hours as the cost driver to allocate overhead costs. Budgeted direct labor hours for each product are:Product X, 15,000 direct labor hoursProduct Y, 10,000 direct labor hoursProduct Z, 5,000 direct labor hoursRequired:1) Determine the amount of manufacturing overhead that should be allocated to each of the three products.2) Assume that each unit of Product X requires $40 in direct materials and 3 direct labor hours at a rate of $15 per hour. Calculate the budgeted or expected cost of each unit of X.
What will be an ideal response?
Diamond Plywood, Inc., manufactures four types of plywood panels. Each product must go through the following operations: patching, grading, gluing, and baking. The time in hours required for each operation for each panel, the total capacity available for each these operations in a given month, as well as the minimum production requirements and the profit contributions per panel are given in the following table. Based on this information, at the optimal production point what is the quantity of soft plywood panels that Diamond Plywood will produce?
a. 1,050
b. 840
c. 925
d. 780