The ________ of the product mix refers to how closely related the various product lines are in end use, production requirements, distribution channels, or some other way

A) consistency
B) depth
C) width
D) length
E) composition


A

Business

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________ is the primary reason for an organization to adopt planning and strategic management.

A. Developing MBO B. Encouraging new ideas C. Developing a sustainable competitive advantage D. Providing direction and momentum E. Increasing organization diversity

Business

The Sherman Act prohibits only contracts, combinations, and conspiracies in restraint of trade, but does not govern monopolies.

Answer the following statement true (T) or false (F)

Business

A seller's or lessor's statement of opinion or commendation of the goods does not create an express warranty.

Answer the following statement true (T) or false (F)

Business

Which of the following costs are relatively easier to allocate using volume–based cost systems and drivers?

a. Product design costs b. Factory rent costs c. Direct material costs d. Setup costs

Business