Cost/Value refers to
a. getting the best value for the money spent.
b. U.S. firms competing in the global arena.
c. the importance of cost and value at the very end of the supply chain.
d. product variety.
c
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In their attempts to forestall harm in risky venues, multinational companies must thoroughly evaluate the political environment, install modern security systems, compile a crisis handbook, and ________.
A. go on the offensive B. establish an effective bargaining position C. appeal to the religious leaders in the country D. prepare employees for situations that may arise
Smelly FruitAt first glance there is little to like about the durian. The durian is a fruit popular in Thailand that is spiky outside and stinky on the inside. When confronted with the durian for the first time, the Wall Street Journal recently reported that westerners often describe its distinctive sulphurous smell with words like stinky socks and manure. However, the durian is so popular in Thailand that one variety of the durian fruit, called the Kan Yao, has been selling for as high as $200. Even at that price, supply of the Kan Yao cannot keep up with demand. There are approximately 30 varieties of the durian grown in Thailand, with the most plentiful selling in the $15 range. The yellow flesh of the durian, the part you eat, has very powerful smell, but possesses a sweet, nutty
taste that Thais cannot seem to get enough of at any price.Refer to Smelly Fruit. The durian fruit is a very unique product. To many Thai's no other fruit taste or smells anything like the durian. It's uniqueness, in the eyes of the customer, would tend to have which of the following A. It would have little affect. B. It would tend to make the durian more price elastic. C. It would tend to make the durian more price inelastic. D. It would tend to raise the price in comparison to purchasing power. E. It would tend to impact the durian's stage in the PLC.
A manager is expected to serve in what interpersonal capacity when coordinating people, groups, and organizations?
A) Figurehead B) Spokesperson C) Leader D) Negotiator E) Liaison
Murie Corporation makes one product and has provided the following information: Budgeted selling price per unit$98per unit soldBudgeted unit sales, February 11,000unitsRaw materials requirement per unit of output 5poundsRaw materials cost$3.00per poundDirect labor requirement per unit of output 2.5direct labor-hoursDirect labor wage rate$18.00per direct labor-hourPredetermined overhead rate (all variable)$11.00per direct labor-hourVariable selling and administrative expense$2.70per unit soldFixed selling and administrative expense$80,000per monthThe estimated net operating income (loss) for February is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $42,000 B. $85,800 C. $5,800 D. $35,500