?Marketing activities are
A. ?used by all sizes of organizations including for-profit, nonprofit, and government agencies.
B. ?limited to use by larger for-profit and nonprofit organizations.
C. ?implemented only to increase profits for the organization and to expand the scope of its customer base.
D. ?used by all types and sizes of businesses but are not used by nonprofit organizations.
E. ?used by small businesses and small nonprofit organizations the most.
Answer: A
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Organizational structure specifies the firm's:
A. formal reporting relationships, procedures, controls, and authority and decision-making processes. B. informal reporting relationships, procedures, controls, and authority and decision-making processes. C. formal value proposition, the markets it will serve, and how the firm will provide value in those markets. D. control mechanisms, grievance procedures, reporting relationships, procedures, and authority over decision-making processes.
Summerlin Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials price variance?
A. $400 unfavorable. B. $2,550 unfavorable. C. $450 unfavorable. D. $2,950 unfavorable. E. $2,500 unfavorable.
Bait-and-switch advertising occurs when an ad appears to be based on factual evidence but in fact is not reasonably supported by evidence.
Answer the following statement true (T) or false (F)
Select the one cost that is not involved in home ownership
A) Down payment B) Closing/settlement costs C) Rental deposit D) Points/discount points E) Loan origination fee