A static budget is used to measure the efficiency of a manager whereas a flexible budget is used to measure the effectiveness of a manager

Indicate whether the statement is true or false


False

Business

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When developing a communication for those who may not be comfortable with your language, what could make the communication easier to understand for the receiver?

A) Industry jargon B) Words with several meanings C) Long paragraphs D) Limited transitions E) Short, plain words

Business

Homestyle Interiors sells a variety of home furnishings including sleeper sofas. On March 31, the company had 225 sofas in inventory. The company's policy is to maintain a sleeper sofa inventory equal to 15% of next month's expected sales. The company expects the following sales activity for the second quarter of the year: April 1,500 sofas May 1,600 sofas June 1,700 sofas What is the projected

production for May? A) 1,600 sofas B) 1,105 sofas C) 1,585 sofas D) 1,615 sofas

Business

A firm is most likely to rely on customer relationship management (CRM) approaches when it does not have a database of information on individual customers.

Answer the following statement true (T) or false (F)

Business

Using a 3-month moving average, how many check-ins can be forecasted for January?

Given the following data on hotel check-ins for a 6-month period: July: 70 rooms August: 105 rooms September: 90 rooms October: 120 rooms November: 110 rooms December: 115 rooms

Business