Market share greater than what percentage generally indicates monopoly power?
A) 25%.
B) 30%.
C) 50%.
D) 75%.
D
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A number of states have passed laws that allow employers to fire employees for activities they pursue offsite on their own time, even when those activities are legal, if the employer disapproves of them.
Answer the following statement true (T) or false (F)
The phase of new-product development in which a small sample of potential buyers are presented with a product idea through a written or oral description in order to determine their attitudes and initial buying intentions regarding the product is called
A. concept testing. B. customer response testing. C. idea analysis. D. test marketing. E. screening.
In a successful ________ strategy, the trade-offs between differentiation and low cost are reconciled.
A. divestment B. focused differentiation C. blue ocean D. liquidation
Kapanga Manufacturing Corporation uses a job-order costing system and started the month of October with a zero balance in its work in process and finished goods inventory accounts. During October, Kapanga worked on three jobs and incurred the following direct costs on those jobs: Job B18Job B19Job C11Direct materials$12,000 $25,000 $18,000 Direct labor$8,000 $10,000 $5,000 Kapanga applies manufacturing overhead at a rate of 150% of direct labor cost. During October, Kapanga completed Jobs B18 and B19 and sold Job B19. How much is Kapanga's work in process inventory balance at the end of October?
A. $32,000 B. $23,000 C. $43,000 D. $30,500