Anything which affects the functioning of an organization is considered to be an environment

Indicate whether the statement is true or false


FALSE

Business

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Simpsons, a manufacturer of air conditioners, finds that its sales potential is less than its market potential even when it spends a sufficient amount on advertisements and after sale services

What is the basic reason behind such an observation by the marketers of Simpsons?

Business

Customers define the scope of the project, and ultimately, project success rests in their satisfaction.

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

Business

Complete the following table to indicate your understanding of fixed and variable cost behavior by inserting one of the following responses in each box: "Remain constant," "Increase," or "Decrease."?When Activity IncreasesWhen Activity DecreasesUnit fixed costs??Total fixed costs??Unit variable costs??Total variable costs??

What will be an ideal response?

Business

The conservation of inputs and outputs is called:

A) decomposition. B) balancing. C) flow conservation. D) data flow structuring. E) gap proofing.

Business