Which of the following is an organizational buyer?
A. a law office buying a background music service
B. the Red Cross buying office supplies
C. a sporting goods retailer buying skis
D. a country club buying tennis balls for a tournament
E. All these answers are correct.
Answer: E
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Theoretically, in the push approach to manufacturing, each job consists of a batch of one unit
Indicate whether the statement is true or false
A cost-benefit analysis is a part of the detailed
a. operational feasibility study b. schedule feasibility study c. legal feasibility study d. economic feasibility study
Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's Five Forces model. Which of the following represents the threat of substitute products or services in the music industry?
A. Independent record labels. B. Established record labels like EMI, Sony, Universal. C. Game systems like Wii, social networks like Facebook. D. Taylor Swift, Beyoncé, The Beatles, The Stones.
Anderson Co makes and uses 5,000 components each year in its manufacturing operations. An outside supplier has offered to supply the components to Anderson at $66 per unit. Anderson's production costs are as follows: Direct materials $ 8 Direct labor 32 Variable overhead 12 Fixed overhead (based on normal capacity) 34 If Anderson accepts the order, $8 of fixed overhead per unit will be
eliminated. If the offer is accepted, operating income will a. increase by $100,000. b. decrease by $70,000. c. decrease by $30,000. d. increase by $60,000.