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 cost 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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A salesperson asks, "Would you like me to place an order for your distribution center today?" In this scenario, he is using the ________ closing method.
A. alternative choice B. balance sheet C. direct request D. benefit summary E. assumptive
Mr. Roberts has a team comprising several members who have worked for him for more than five years and have much knowledge of the jobs that they perform. Mr. Roberts sometimes gets very busy, and when this happens, he will often ask several of his team members to get together and make a decision pertaining to some problem on their own. This behavior would be described as ______.
a. autocratic b. consultation c. participation/facilitation d. delegation
Franchising is a form of licensing
Indicate whether the statement is true or false
The sale of American computers to the Spanish government shows up as
A) a debit on the official reserves account. B) a credit on the official reserves account. C) a credit on the trade account. D) a debit on the current account.