The average cost of employee benefits is about ____ percent of total compensation.

A. 8
B. 21
C. 30
D. 33
E. 36


Answer: C

Business

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A market orientation refers to

A. the orientation of an organization that focuses its efforts on continuously collecting information about the environment, keeping abreast of the actions of its competitors, and using this information to create product innovation. B. the belief that the buying environment for any given industry is relatively stable and therefore all marketing decisions should be long-term to prevent loss of focus. C. the orientation of an organization that focuses its efforts on continuously collecting information about customers' needs, sharing this information across departments, and using it to create customer value. D. the point of view that holds that there is always someone who needs or can benefit from your product, and if one segment fails, there is an even better one somewhere in the "market." E. the belief that the buying environment for any given industry is volatile and therefore all marketing decisions should be short-term and easily adaptable to change.

Business

Lily had the following income and losses during the current year:Salary$75,000Prize from quiz show25,000Unemployment compensation8,000Embezzled funds30,000Partnership Income35,000What is Lily's adjusted gross income?

A. $135,000 B. $173,000 C. $143,000 D. $165,000

Business

A manager would generally like to see a trend indicating a decrease in setup time.

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

Business

In a regression analysis, if SSE = 200 and SSR = 400, then the coefficient of determination is

A. .67. B. .50. C. .40. D. .20.

Business