To increase the margin between selling price and manufacturing cost, a manufacturing company might:
a. negotiate a lower purchase price with suppliers of raw materials.
b. substitute more efficient manufacturing equipment for work now done by employees.
c. increase selling prices.
d. all of the above
e. none of the above
D
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The judge will decide which jury instructions to give based on:
a. the legal and factual arguments. b. the overall appropriateness of the instruction. c. whether sufficient evidence was presented during the trial. d. recommended or pattern jury instructions for the jurisdiction. e. All of the above
Identify three factors fueling the continuing growth of outsourcing
What will be an ideal response?
You leave your poodle at a new grooming shop and tell them to wash the dog?a $30 service. They do that and also paint the poodle's nails and tie ribbons in his hair?these services are an extra $10 . You pay them for the wash. What about the extra $10 in services?
a. an express contract existed; you must pay the $10 b. an implied contract existed; you must pay the $10 c. a quasi-contract existed; you must pay the $10 d. no contract for these services existed, no extra payment e. the UCC would hold that no contract existed, so no payment
An important purpose of external audits is to
A. assess what a company has done for its customers. B. investigate possible targets for mergers or acquisitions. C. assess what a company has done for itself. D. evaluate sales effectiveness. E. evaluate production efficiency.