The ________ concept specifically focuses on future company needs, but not the future welfare of customers
A) societal marketing
B) strategic planning
C) sustainable marketing
D) global marketing
E) cause marketing
B
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During the detailed feasibility study of the project, the systems professional who proposed the project should be involved in performing the study
Indicate whether the statement is true or false
Which of the following is when compensation is tied to unit-level performance where revenue increases (or cost savings) are shared with an employee?
A. piece-meal plan B. gain-sharing plan C. stock options D. profit-sharing plan
The term "recognition" means to report an economic event in the financial statements.
Answer the following statement true (T) or false (F)
Slomkowski Corporation is contemplating purchasing equipment that would increase sales revenues by $298,000 per year and cash operating expenses by $143,000 per year. The equipment would cost $712,000 and have an 8 year life with no salvage value. The annual depreciation would be $89,000. The simple rate of return on the investment is closest to (Ignore income taxes.):
A. 9.3% B. 21.8% C. 12.5% D. 22.1%