Firms with low shares of the total market can become highly profitable through smart niching

Indicate whether the statement is true or false


TRUE

Business

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

1. All employees in an organization perceive organizational decisions in the same way. 2. Each person’s perception is their reality. 3. Once formed, perceptions cannot be changed. 4. Because judgments can change, first impressions do not really matter.

Business

Bistrol Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs$15,700   75% Conversion costs$7,700   20% A total of 8,400 units were started and 7,500 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: CostMaterials costs$186,300 Conversion costs$329,800 The ending inventory was 70% complete with respect to materials and 60% complete with respect to conversion costs.The cost of ending work in process inventory in the first processing

department according to the company's cost system is closest to: (Round your intermediate calculations to 3 decimal places.) A. $64,115 B. $74,801 C. $106,859 D. $68,067

Business

Managers hoping to lead change must do all of the following, except:

a. Assess the organization’s environment and the need for change. b. Plan for change that is standardized and periphery. c. Institutionalize the change. d. Implement specific changes while at the same time encouraging a broader positive attitude toward change and motivation.

Business

What is meant by Agile project management?

Business