A retailer experiencing unexplained variations in sales is likely experiencing?

a. Trend
b. Seasonality
c. Cyclical
d. Random variation


d. Random variation

Business

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Dana Klammer is the manager of the Cutting Department in the Northwest Division of Steel Products. Which of the following costs is a controllable cost?

a. Salaries of cutting machine workers b. Cost of electricity for the Northwest Division c. Lumber Department hauling costs d. Vice president's salary

Business

Hinton is trying to actively make changes to his workplace and the practices of his organization before some threat occurs. Which of the following best describes the type of change he is engaging in?

A. radical B. reactive C. proactive D. incremental

Business

A loan in which the lender deducts interest from the amount borrowed before the money is advanced to the borrower is called an interest bearing note

Indicate whether the statement is true or false

Business

A trade association

a. is always a per se violation of Section 1 of the Sherman Act. b. may be legal if it is sufficiently beneficial to both the association and the public. c. is an innovative, legally efficient approach to doing business. d. always creates illegal territorial or customer restrictions.

Business