Why must successful managers recognize opportunities and threats in their company external environment?
A. If they identify all of the environmental opportunities, they are guaranteed to acquire large market share.
B. If they miscalculate the market, opportunities will be lost.
C. If they identify all of the environmental threats, they are guaranteed to acquire large market share.
D. If they misread the market, they are likely to become rich.
Answer: B
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Answer the following statement true (T) or false (F)
The ________ is the percentage defective in an average lot of goods inspected through acceptance sampling
Fill in the blanks with correct word
Based on past experience, Moss Company has developed the following budget formula for estimating its shipping expenses:Shipping costs = $16,000 + ($0.50 × lbs. shipped). The company's shipments average 12 lbs. per shipment.The planned activity and actual activity regarding orders and shipments for the current month are given in the following schedule: PlanActualSales orders 800 780 Shipments 800 820 Units shipped 8,000 9,000 Sales$120,000 $144,000 Total pounds shipped 9,600 12,300 The actual shipping costs for the month amounted to $21,000. The appropriate monthly flexible budget allowance for shipping costs for the purpose of performance evaluation would be: (CMA adapted)
A. $22,150. B. $20,680. C. $20,920. D. $20,800.
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