Which of the following is a deliverable from the structured systems analysis step of systems development?
a. selected hardware and software
b. logical specification
c. approved configuration
d. project completion report
B
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Salomon Marketing, Inc., a merchandising company, reported sales of $1,555,500 and cost of goods sold of $1,025,100 for December. The company's total variable selling expense was $96,900; its total fixed selling expense was $34,300; its total variable administrative expense was $71,400; and its total fixed administrative expense was $100,100. The cost of goods sold in this company is a variable cost. The contribution margin for December is:
A. $362,100 B. $1,252,800 C. $530,400 D. $227,700
When the Mosquito Magnet was introduced, it was designed to rid the immediate area of mosquitoes and other annoying insects. The technology for the Mosquito Magnet had taken years to develop. It is a patented grill-like apparatus that emits carbon dioxide to attract bugs to a fan that draws them into the device where they die. What type of pricing policy would you recommend the company use to introduce this product to the market?
A. status quo pricing B. penetration pricing C. price-skimming D. flexible pricing E. leader pricing
Application server software is responsible for locating and managing stored Web pages
Indicate whether the statement is true or false
Which competitive strategy would NOT be used by a business in an oligopoly?
a. lowering prices b. advertising to attract customers c. differentiating product d. preventing new entrants into the market