Shirley Yearwood is an analyst at a retail outlet and is required to assess customer data to understand which items are more likely to be bought together
What analysis process will best help her to analyze purchasing habits of customers who bought gum boots along with umbrellas, ties along with shirts, and hair clips along with headbands among other related products?A) online analytical processing
B) market basket analysis
C) what-if analysis
D) goal-seeking analysis
B
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Which type of organizational structure can be described as having the benefit of no layers of management, which allows decisions to be made and implemented quickly?
A. Divisional B. Simple C. Matrix D. Functional
A marketer would detail the company's positioning and value proposition in the ________ section of a marketing plan
A) marketing situation B) forecasting C) company description, purpose, and goals D) marketing strategy E) executive summary
Answer the following statement(s) true (T) or false (F)
1. A general journal and general ledger are financial statements. 2. The accounting equation is: Assets = Liabilities + Owners’ Equity. 3. Inventory and accounts receivable are both included in Owners’ Equity. 4. Debits are always used to record increases in assets, liabilities, and owners’ equity. 5. In double-entry bookkeeping, the total amount of debits must always equal the total amount of credits.
Thyne Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials 6.9grams$9.20per gramDirect labor 0.90hours$21.20per hourVariable manufacturing overhead 0.90hours$3.60per hour?The standard hours allowed for the actual output is closest to:
A. 3,092 hours B. 3,510 hours C. 3,330 hours D. 3,780 hours