Infinity Clock Company prepared the following static budget for the year:
If a flexible budget is prepared at a volume of 7800 units, calculate the amount of operating income. The production level is within the relevant range.
A) $43,800
B) $27,000
C) $7800
D) $3000
A) $43,800
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Managers should consider all of the following in developing a sales budget except:
a. Customer demand. b. Development of new products. c. Present and future economic conditions. d. Plant manager salaries.
________ are certificates that save buyers money while they purchase specified products
A) Price packs B) Samples C) Coupons D) Point-of-purchase promotions E) Premiums
Gerald assumes that Lucy is a poor performer and never takes her work seriously, based on his previous experiences. In spite of exhibiting better performances in other projects, he refuses to work with her based on his assumptions. Gerald's behavior is an example of
A. selective perception. B. positive affectivity. C. organizational citizenship. D. external locus of control. E. negative emotionality.
Environmental analysis requires continual questioning of all these assumptions except
A. biases about how to make money in the industry. B. continual updating of environmental knowledge. C. a priori ideas about the structure of the relevant industry. D. presuppositions about who is and is not a competitor.