ABC Corporation would like to evaluate three production processes (A, B, and C) to accommodate the changes in demand for its products. The fixed and variable costs per unit are tabled here. Determine the process to be selected when the production volume is 3,000 units.
A. Process A
B. Process B
C. Process C
D. cannot be determined
B. Process B
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When using goal-setting theory to motivate employees, managers should
A. set targets that are beyond employees' reach. B. set goals that are easily achievable. C. set general goals that are emotionally appealing. D. hold employees responsible for getting feedback. E. help workers understand and accept the goals.
What are the advantages and disadvantages of a grid layout?
What will be an ideal response?
The accounts of Odie Company with the increases or decreases that occurred during the past year are as follows:Account Increase DecreaseCash $25,000Accounts receivable $(5,000)Accounts payable (11,000)Notes payable 16,000Except for net income, an investment of $3,000 by its sole stockholder in exchange for common stock, and a dividend of $11,000 to its stockholder, no other items affected equity. Using the balance sheet equation, compute net income for the past year.
What will be an ideal response?
Cutting prices or increasing marketing efforts are examples of tactical competitive actions.
Answer the following statement true (T) or false (F)