According to Porter, most of the value in service-oriented companies is generated by all of the following activities except ________.

A. service activities
B. operations
C. marketing
D. sales
E. inbound logistics


Answer: E

Business

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Which of the following statements about using the direct labor hour method of applying factory overhead to production is false?

a. It may not be as accurate as the direct labor cost method if factory overhead primarily consists of items more closely tied to employee wages, such as benefits. b. The application base could be substantially smaller than when direct labor cost is used. c. It is the most appropriate method for a highly automated department. d. The amount of factory overhead applied is not affected by the mix of labor rates.

Business

Access to resources such as software on an as-needed basis for a subscription price or fee is referred to _________.

What will be an ideal response?

Business

What is a statement about what will happen or might happen in the future such as future sales or employee turnover?

A. Forecasting B. Optimization C. Regression D. Prediction

Business

Dender Company sold business equipment with a $386,000 initial cost basis and $171,000 accumulated tax depreciation. Compute Dender's recaptured ordinary income and Section 1231 gain or loss recognized if the amount realized on sale was:  a. $200,000 b. $300,000 c. $400,000

What will be an ideal response?

Business