One of the assumptions of CVP analysis assumes production and sales to be approximately equal
Indicate whether the statement is true or false
True
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Linear approximation is a method of converting nonlinear variable costs into linear fixed costs
Indicate whether the statement is true or false
Of the following, a prospect will be most likely to buy products from Angie if:
A) Angie emphasizes that she needs to earn her commission B) Angie gives the prospect a gift bag with a minimum purchase C) the prospect has seen a famous model advertising the brand D) the prospect can trust safety research about product ingredients E) the products make the prospect feel good about her appearance
Which of the following would not be characterized as a cost object?
A. A vehicle manufactured by an automobile manufacturer. B. A fast food restaurant located in a Midwest town. C. A regional airline flight from Atlanta to Miami. D. A large city's fire department. E. All of these are examples of cost objects.
The marketing manager of Big Wheel Motors notices an increased demand for "green" cars that use less fossil fuel and emit fewer pollutants. Under which of the following external information sources for making marketing decisions will this information be included?
A. natural world B. economic conditions C. technology transformations D. legal environment E. competition