Work can be divided on the basis of:
A) Purpose
B) Process
C) Place
D) All of the above
D) All of the above
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Supporting activities of the value chain include activities directly involved with marketing, producing, selling, and delivering the product or service to the customer.
Answer the following statement true (T) or false (F)
According to research, between 50 and 90 percent of all new businesses fail within five years because of
A. poor target marketing. B. insufficient investment capital. C. managerial incompetence. D. unethical business practices.
Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead$38,700 Budgeted fixed manufacturing overhead 170,700 Total budgeted manufacturing overhead$ 209,400 Budgeted production (a) 20,000unitsStandard hours per unit (b) 1.50machine-hoursBudgeted hours (a) × (b) 30,000machine-hours Applying Overhead: Actual production (a) 15,000unitsStandard hours per unit (b) 1.50machine-hoursStandard hours allowed for the actual production (a) ×
(b) 22,500machine-hours Actual Overhead and Hours: Actual variable manufacturing overhead$9,812 Actual fixed manufacturing overhead 185,700 Total actual manufacturing overhead$ 195,512 Actual hours 22,300machine-hoursThe variable overhead efficiency variance is: (Round your intermediate calculations to 2 decimal places.) A. $88 F B. $88 U C. $258 F D. $258 U
As a rule, the stronger the collective impact of competitive pressures associated with the five competitive forces, ____________.
A. the stronger are the industry's driving forces. B. the lower the combined profitability of industry members. C. the fewer companies that can achieve a competitive advantage via anything other than being the industry's low-cost leader. D. the larger the number of competitive advantage opportunities for industry members. E. the greater the number of industry key success factors.