When Disney seeks to attract European families by advertising specially priced tourist packages, what global marketing environment factor are they using?
A. lowered trade barriers
B. income distribution levels
C. currency fluctuation
D. cultural fit
E. international economic cooperation
Answer: C
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If process performance measurements fall within the acceptable control limits and appear to be normally distributed around the center line, we would say that the process is?
a. Out of statistical control b. Capable c. In statistical control d. Not capable
What is the name for demand caused by the demand for a higher-level item?
Fill in the blank(s) with the appropriate word(s).
Which of the following statements about the appearance of a business plan is true?
A. The plan should be presented in a three-ring, loose-leaf binder. B. Visual aids, such as exhibits and tabular summaries, should be used conservatively. C. The plan should be bound like a book. D. The plan should be printed on shiny paper with flashy images and graphs.
The LaGrange Corporation had the following budgeted sales for the first half of the current year: Cash Sales Credit SalesJanuary$70,000$340,000February$50,000$190,000March$40,000$135,000April$35,000$120,000May$45,000$160,000June$40,000$140,000The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled:Collections on sales:60% in month of sale30% in month following sale10% in second month following sale The accounts receivable balance on January 1 of the current year was $70,000, of which $50,000 represents uncollected December sales and $20,000 represents uncollected November sales.What is the budgeted accounts receivable balance on May 31?
A. $56,000 B. $132,000 C. $76,000 D. $64,000