The benefit of needs-based market segmentation is that it allows us to identify in advance the individual customers who would fall into each segment

Indicate whether the statement is true or false


FALSE

Business

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Can standard costing be used in job-order costing? If so, what conditions must exist? If not, explain why

Business

In a totally automated organization, using theoretical capacity will generally provide the lowest fixed overhead application rate

Indicate whether the statement is true or false

Business

If a party fails to perform a nonbinding promise the law will provide a remedy

a. True b. False Indicate whether the statement is true or false

Business

In a family business, the founder needs to choose a(n) ________ and prepare that person to take over the business.

Fill in the blank(s) with the appropriate word(s).

Business