Flow shop processes are more rigid and highly specialized than continuous flow processes

Indicate whether the statement is true or false


F

Business

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The primary reason companies develop a communications budget using the percentage of sales method is:

A) it tends to be more accurate than the other methods B) the budget tends to change with sales, so as sales increase there is more money available for communications C) money is available for unique marketing opportunities that arise D) it is simple to prepare

Business

Andy Cole sells fiberglass resins and fiberglass wire to the many small sailboat manufacturers in southern California. He takes title to the products but does not handle them. Instead, the resins are shipped in 50-gallon barrels directly from the producer to the sailboat manufacturers. Cole is a

A. cash-and-carry wholesaler. B. specialty wholesaler. C. manufacturers' agent. D. drop-shipper. E. selling agent.

Business

Modern Refurbishing Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected. Year0 1 2 3 4 Cash flows?$850 $300 $290 $280 $270

A. 13.13% B. 14.44% C. 15.89% D. 17.48% E. 19.22%

Business

Which of the following is NOT a benefit provided by e-commerce?

A. It enables specialized businesses to be more successful. B. It provides consumers the satisfaction of instant gratification. C. It reduces the cost of doing business. D. It provides consumers more access to pricing information. E. It broadens product choices for consumers in smaller communities.

Business