Mary is getting married and she wants everything on the day to be perfect, especially the dress. What kind of product is a wedding dress?
a. speciality
b. convenience
c. white goods
d. accessory
e. consumer-durable
a. speciality
You might also like to view...
Janie, a consultant for Howard & Associates LP, was given an objective to triple the client retention in her region by the end of the quarter. After her objective was met, Janie’s boss evaluated her performance and provided feedback. What should Janie’s boss do next when managing by objectives?
a. Give her more work to complete. b. Reward her. c. Have his assistant call her and congratulate her. d. Move on to the next objective.
Consumers who send it 10 UPC symbols as proof of purchase of Chip Ahoy cookies will receive a children's classic DVD. The DVD is an example of a:
A. loyalty incentive B. trade sample C. premium D. trade product E. product placement
McGraw Company uses 5,000 units of Part X each year as a component in the assembly of one of its products. The company is presently producing Part X internally at a total cost of $100,000, computed as follows: Direct materials$15,000?Direct labor 30,000?Variable manufacturing overhead 10,000?Fixed manufacturing overhead 45,000?Total cost$ 100,000?An outside supplier has offered to provide Part X at a price of $18 per unit. If McGraw Company stops producing the part internally, one-third of the fixed manufacturing overhead would be eliminated. Assume that direct labor is a variable cost.Required:Prepare an analysis showing the annual financial advantage or disadvantage of accepting the outside supplier's offer.
What will be an ideal response?
Describe the four management functions.
What will be an ideal response?