Which of the following factors is classified as environmental dynamics?
A. Competitive rivalry
B. Market size
C. Seasonality
D. Social changes
E. Barriers to entry
Answer: D
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Answer the following statement true (T) or false (F)
Which of the following is an example of a variable cost for a manufacturing firm?
A. The cost of factory supervision. B. The cost of rent on the factory. C. The cost of raw materials. D. The cost of depreciation on equipment.
A drawback of Gantt charts is ______.
a. they may not show the exact sequencing of one activity to another b. they are complex to develop c. they are time-consuming to develop d. they are expensive to develop
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A) Chain-style B) Service franchise C) Distributorship D) Processing plant