When first-mover advantage is crucial and a high degree of competitive intensity prevails, the ________ approach is better
A) waterfall
B) born global
C) rifle
D) sprinkler
E) franchisee
D
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Information relating to direct labor for the McGill Company follow: Actual direct labor hours 5,600 Standard direct labor hours 5,400 Total direct labor per payroll $53,200 Standard labor rate per hour $9.00 The entry to record the direct labor cost is:
a. Work in process 53,200 Labor rate variance 2,800 Labor efficiency variance 1,800 Payroll 48,600 b. Work in process 50,400 Labor rate variance 2,800 Payroll 53,200 . c. Work in process 48,600 Labor rate variance 2,800 Labor efficiency variance 1,800 Payroll 53,200 d. Work in process 51,400 Labor efficiency variance 1,800 Payroll 53,200
Edward Cheezer's makes and sells frozen four-cheese pizzas, New York–style. The expected selling price is $10 per pizza. The projected variable cost per pizza is $6 . The estimated fixed costs per month are $10,000. The number of pizzas that must be sold to obtain a monthly profit of $20,000 is
a. 2,000 pizzas. b. 5,000 pizzas. c. 2,500 pizzas. d. 7,500 pizzas.
______ motivated sequence is an organizational framework that speakers on propositions of policy find particularly effective in motivating receivers to act.
Fill in the blank(s) with the appropriate word(s).
Stocks A and B have the following data. The market risk premium is 6.0% and the risk-free rate is 6.4%. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? A B Beta1.10 0.90 Constant growth rate7.00% 7.00%
A. Stock A must have a higher dividend yield than Stock B. B. Stock B's dividend yield equals its expected dividend growth rate. C. Stock B must have the higher required return. D. Stock B could have the higher expected return. E. Stock A must have a higher stock price than Stock B.