How can a large multidivisional company benefit from the use of a decentralized advertising department?
What will be an ideal response?
Decentralization makes it easier to conform to the specific problems and needs of the division. It increases flexibility and makes it easier to adjust to changes in ad campaigns and media schedules. It makes it easier to introduce new, creative ideas. Decentralization allows the results of each division to be measured independently of the others.
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During the period when Ben Bernanke was the Fed's Chairman, the inflation rate averaged at about 1.7%. In comparison to other periods when the Fed was headed over by other chairmen, this inflation rate can be considered to be
A. average. B. the highest. C. the lowest. D. above average but not the highest.
The recording of data falls under which stage of accounting?
A) Measurement B) Processing C) Communication D) Decision making
A group of union members go on strike after their union fails to reach an agreement with the management of their organization during the collective bargaining process. What type of strike are the union members conducting? Describe any two other types of strikes.
What will be an ideal response?
Jocque FabricsThe following data are available for one item of merchandise sold by Jocque Fabrics, which uses a periodic inventory system. February 1 On hand, 100 units at $12 each 8 Sold, 60 units for $30 each 14 Purchased, 30 units at $13 each 25 Sold, 24 units for $30 eachRefer to the information provided for Jocque Fabrics. If the Average Cost method is used, determine the following amounts: A) Ending inventory on February 28th B) Cost of Goods sold for the month of February C) Gross Margin for February
What will be an ideal response?