Which of the following is NOT an appropriate measure of capacity?
A) square yards of carpet installed per hour
B) number of cars assembled per month
C) thickness of laminate on a desktop
D) printed pages per minute
Answer: C
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Marco Nelson opened a frame shop and completed these transactions:1. Marco started the shop by investing $40,700 cash and equipment valued at $18,700 in exchange for common stock. 2. Purchased $140 of office supplies on credit. 3. Paid $1900 cash for the receptionist's salary. 4. Sold a custom frame service and collected $5200 cash on the sale. 5. Completed framing services and billed the client $270. What was the balance of the cash account after these transactions were posted?
A. $11,730. B. $11,460. C. $44,130. D. $44,270. E. $44,000.
________ is about delivering value to everyone who is affected by a transaction
A) Demand B) Competitive advantage C) Marketing D) Exchange E) The value chain
The two big drivers of outsourcing are
A. that a smaller in-house workforce and a low investment in intellectual capital will produce cost savings. B. a desire to reduce the company's investment in fixed assets and the need to narrow the scope of the company's in-house competencies and competitive capabilities. C. an increased ability to cut R&D expenses and an increased ability to avoid the problems of strategic alliances. D. the ability to avoid capital investments that accompany vertical integration and a desire to reduce the company's risk exposure to changing technology and/or changing buyer preferences. E. that outsiders can often perform certain activities better or more cheaply, and outsourcing allows a firm to focus its entire energies on those activities that are at the center of its expertise (its core competencies).
Williams Company installed smoke detectors, a sprinkler system, and fire extinguishers in its new manufacturing facility. These devices are all examples of
A) risk control. B) noninsurance transfer. C) risk avoidance. D) risk retention.