The total demand for many business goods and services is inelastic?that is, not much affected by price changes

Indicate whether the statement is true or false


TRUE

Business

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The process of exploding the BOM involves extending a BOM to determine the total of each component required to manufacture a given quantity of an upper-level assembly or subassembly

Indicate whether the statement is true or false

Business

Which of the following would be considered an example of the drop-off survey?

A) researcher brings questionnaire to respondent's home and leaves it to be completed B) a hotel leaves a questionnaire in a room for customers to evaluate their accommodations C) a retail store offers a customer a survey and promises a gift certificate if they return the questionnaire on their next visit D) giving a survey to persons at work and asking them to return the completed survey when they return to work the next day E) all of the above would be considered drop-off surveys

Business

Talitha is part of a cohort of employees who regularly attend seminars on improving leadership and decision-making skills. The members of the cohort mentor one another. The meetings do not apply to Talitha’s current job, but she hopes the skills she is learning will help her advance in the organization. Talitha is experiencing ______.

A. development B. orientation C. training D. practice

Business

Upon review of Johnson's Statement of Cash Flows, the following was noted: Cash flows from operating activities $ 15,000 Cash flows from investing activities 80,000 Cash flows from financing activities (60,000) From this information, the most likely explanation is that Johnson is

A) using cash from operations and selling long-term assets to pay back debt. B) using cash from operations and borrowing to purchase long-term assets. C) using its profits to expand growth. D) using cash from investors to provide for operations.

Business