Kyle Inc manufactures automobiles. In recent past, the company started buying brake shoes from an external vendor. Which of the following decisions was made by the company in this example?
A) Special order decision
B) Segment profitability decision
C) Make-or-buy decision
D) Sales mix decision
C
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What are the four broad categories of financial ratios? Give an example of each.
What will be an ideal response?
In this stage of the product life cycle, the focus should be on product innovation–that is, making improvements in the product and differentiating from existing competitors on the basis of observed product quality
A) introduction B) growth C) maturity D) decline
Answer the following statements true (T) or false (F)
1. Final control of a nonprofit organization is held by the chief executive officer. 2. Excess revenues gained by a nonprofit are invested in stock markets. 3. The term “open systems” means organizations interact with their external environments. 4. The term “resource dependency” means nonprofits rely on external constituencies for revenue. 5. The term “organizational culture” in a nonprofit refers to unwritten rules regarding “how things are done.”
The consumer price index tracks the change in price over time of a "market basket" of goods and services.
Answer the following statement true (T) or false (F)