In a totally automated organization, using theoretical capacity will generally provide the highest fixed overhead application rate

Indicate whether the statement is true or false


F

Business

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Niche-segment strategies differ from mass-market strategy in that niche-market strategies ________

A) address one set of core customer needs of a large market segment B) have no segment focus C) are used when demographics are not distinctive D) are used when the company markets to a closely related attractive segment first E) involve highly refined marketing effort directed at an overlooked, small group of customers

Business

The statement which summarizes the results of business activities for a specific period of time is the:

a. Income Statement. b. Balance Sheet. c. Revenue Statement. d. Bank Reconciliation. e. Statement of Owner's Equity.

Business

M agreed to buy G's house for $200,000. The closing was to be held on April 5. G did not have all items removed from the home until April 9. M had to spend $500 on hotel expenses because of G's breach

The contract had listed that hotel expenses in the event this occurred would be limited to $400. This agreement of capping the hotel expenses at $400 is an example of: A) consequential damages. B) liquidated damages. C) compensatory damages. D) mitigated damages.

Business

The management level that is the link between managers and nonmanagers, and that often serves as the entry-level into management for college graduates is:

a. the departmental b. the executive c. the first line d. the middle e. the human resource

Business