Which of the following statements is true?
A. Until a few decades ago, the external environment changed more rapidly than
organizations.
B. Until a few decades ago, organizations changed more rapidly than the external
environment.
C. The external environment now changes more rapidly than organizations do.
D. All of these are false.
C. The external environment now changes more rapidly than organizations do.
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Javier's Pizza Point has a margin per unit of $2.00 for a typical pizza, total fixed expenses of $10,000, and average variable costs of $3.00 per pizza. How many pizzas must Javier sell to break even?
A) 2,000 B) 3,334 C) 5,000 D) 20,000 E) 30,000
The willful or malicious burning of a building is called ________.
A. torchiere B. enflaming C. arson D. lumineer
Pho Bulous, a Vietnamese restaurant in the bustling metropolis of Edmond, has had great success using forecasting techniques to predict demand for their main menu items ever since they opened their doors
Their forecast for last month was grossly inaccurate and so far this month, their forecast appears to be just as bad as last month's. It's already time to prepare the forecast for next month, what should they do about their model?
Which one of the following is not a characteristic of a liquid market?
A) Market makers stand ready to buy and sell currencies. B) Foreign exchange dealers make transactions only with dealers. C) It becomes easy to match buyers and sellers. D) Transaction costs are low.