A set of Bose car speakers sold to Ford for use in the production of a hybrid Escape would be an example of a(n)

A. component part.
B. specialty item.
C. accessory equipment.
D. raw material.
E. process material.


Answer: A

Business

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A ________ crisis is a slowly developing internal crisis within an organization

A) monumental B) sudden C) brewing D) potential E) smoldering

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Why do organizations need to have a reward system that supports teamwork?

What will be an ideal response?

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Grosvenor Corporation's most recent income statement appears below: Sales (all on account)$807,000 Cost of goods sold 446,000 Gross margin 361,000 Selling and administrative expense 186,000 Net operating income 175,000 Interest expense 39,000 Net income before taxes 136,000 Income taxes 40,000 Net income$  96,000 The gross margin percentage is closest to:

A. 44.7% B. 376.0% C. 26.6% D. 80.9%

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