Which of the following statements best defines a product life cycle?
A. It refers to the shelf life of a product.
B. It refers to the journey of a product from production to sale.
C. It refers to the process of recycling damaged products into new products.
D. It refers to the dynamic pattern of sales and profits of a product.
Answer: D
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Answer the following statements true (T) or false (F)
1. A strength of walk-ins is that they are inexpensive and self-selected. 2. The law in the United States requires that all companies use realistic job previews when recruiting. 3. The recruiter is one of the primary factors responsible for an applicant showing interest in an organization and its jobs. 4.The yield ratio for evaluating recruiting methods is determined by dividing the number of qualified applicants by the number of applicants. 5. The cost per hire for evaluating recruiting methods is determined by dividing the number of recruits that left within a specified time frame by the number of new hires.
Which of the following has set an outstanding example of ethical behavior in the financial professions?
A) Bernard Madoff of Madoff Securities B) Hank Greenberg of AIG C) Ramalinga Raju of Satyam Computers D) none of the above
Warner Co. has budgeted fixed overhead of $150,000. Practical capacity is 6,000 units, and budgeted production is 5,000 units. During February, 4,800 units were produced and $155,600 was spent on fixed overhead. What is the budgeted fixed overhead rate based on practical capacity?
A. $30.00 B. $31.25 C. $25.00 D. $31.12
Determine the annual premium due for property insurance for $215,000 coverage at $4.25 per $1,000