The perception of looking like and acting like a successful company can help a new small business build legitimacy.
Answer the following statement true (T) or false (F)
True
A new business will need to look like and act as an operation that will be in business for the long run in order to achieve some level of legitimacy.
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Carteret Inc Carteret Inc manufactures hammocks under various brand names. The company sells most of its hammocks in the second quarter of each year. Their production budget for the second quarter shows the following number of hammocks needs to be produced: April 6,000 units May 10,000 units June 15,000 units Each unit requires 30 feet of cotton rope cord which costs $.50 per foot. The company
has determined that it needs 20 percent of next month's raw material needs on hand at the end of each month. In addition, each hammock requires 45 minutes of direct labor for assembly and inspection at a cost of $.25 per minute. The company currently applies manufacturing overhead to production at the rate of $8 per direct labor hour. Refer to the Carteret Inc information above. The total cost of direct labor and manufacturing overhead for the month of May is: A) $192,500 B) $ 82,500 C) $172,500 D) $168,750
The rate charged by a carrier will vary with:
I. the value of the goods. II. the density of the goods. III. the color of the goods. A) I, II and III B) I and II only C) I and III only D) I only E) II and III only
A check drawn on the bank's own funds is called a(n) ____________________
Fill in the blank(s) with correct word
Christy recently began selling Arbonne skin care products on a part-time basis. She began by telling all her friends and relatives about the product. Then she called old friends from her college days and reached out to the friends of her friends. This technique for generating leads is called:
A. cannibalizing B. networking C. snowballing D. incremental approach E. multiplier effect