Penetration pricing may be wise if the firm expects strong competition very soon after introduction.

Answer the following statement true (T) or false (F)


True

Penetration pricing may be wise if the firm expects strong competition very soon after introduction.

Business

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Capital resulting from the retention of earnings should be entered in an account with an appropriate title such as

a. Retained Earnings; b. Capital; c. Appropriated Retained Earnings; d. Capital Stock; e. Capital Equity

Business

The direct labor costs for Boundary Company follow: Standard direct labor hours 34,000 Actual direct labor hours 33,000 Direct labor efficiency variance--favorable $ 12,000 Direct labor rate variance--favorable $ 1,650 Total payroll $394,350 What was Boundary's standard direct labor rate?

a. $ 11.95 b. $ 11.49 c. $ 11.60 d. $ 12.00

Business

Standards that provide for no human limitations or operating delays are referred to as ______________________________

Fill in the blank(s) with correct word

Business

A model of HRM that focuses more on ensuring that HR strategy fits and is driven by the overall corporate strategy is known as a ______ Model.

a. Systems b. Soft c. Hard d. Planning

Business