The Smith General Contracting Company commonly completes projects by sending their resources to the customer's site rather than to their own facilities. This is a(n) ______ operation system.
a. individual process
b. project process
c. continuous process
d. repetitive process
b. project process
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Spice Inc's unit selling price is $60, the unit variable costs are $35, fixed costs are $125,000, and current sales are 10,000 units. How much will operating income change if sales increase by 8,000 units?
A) $150,000 decrease B) $175,000 increase C) $200,000 increase D) $150,000 increase
The transnational strategy is similar to a(n) ________ strategy because they both focus on product differentiation and low costs.
A. blue ocean B. liquidation C. international D. product diversification
Research has identified certain factors that characterize effective goals. Discuss the criteria for effective goals. Then, based upon this criteria, devise an effective goal for a business of your choice and an effective personal goal for yourself.
What will be an ideal response?
As long as the revenue of the last unit produced and sold is greater than the cost of the last unit produced and sold, a firm should:
A. continue manufacturing B. not use formula pricing C. continue using price equilibrium D. consider using sales maximization pricing E. reach its break-even point very shortly