The type of linear program that compares services to indicate which one is less productive or inefficient is called:

A) product mix.
B) data envelopment analysis.
C) marketing.
D) blending.


Answer: B

Business

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The following set of items describes activities completed by a company in collecting cash for merchandise sales. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. A single employee in the mailroom opens the mail, counts the money received, and prepares a control list of the amount received

a. Adheres to sound internal control procedures b. Violates sound internal control procedures c. Neither strengthens nor violates internal control

Business

________ competition can destroy entire product categories when a major innovation occurs, so it requires attention, especially for long-run planning

A) Product form B) Product category C) Generic D) Budget

Business

Payroll expenditures represent a small part of the total expenditures of most companies

Indicate whether the statement is true or false

Business

A retailer engaged in direct marketing would probably select television home shopping over online retailing to sell a new kitchen device because of

A. lower costs of selling. B. easier financial transactions. C. superior ability to demonstrate the product. D. superior ability to offer the product at a lower price. E. decreased cycle time.

Business