Answer the following statement(s) true (T) or false (F)
1. Product strategy is one of the sales and operations planning strategies.
2. Cost is a nonlinear function of unit cost and the number is an assumption regarding the application of the trial-and-error approach to developing a sales and operations.
3. Involving supply chain partners in the sales and operations planning process increases the level of uncertainty in the supply chain.
4. Developing a global sales and operations plan is due to a lower product demand volatility caused by swings in demand.
5. Global sales and operations plan must be managed separately through the respective functions (manufacturing, sales, finance).
1. False
2. False
3. False
4. False
5. False
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Which of the following statement(s) is/are correct?I. A predetermined overhead rate is used to assign estimated overhead costs to work in process inventory. II. The predetermined overhead rate is calculated by dividing estimated overhead cost by the estimated volume or level of activity. III. The most common means of allocating overhead costs is to calculate a predetermined overhead rate at the end of the period.
A. I and III B. I C. I and II D. II
OutCode Inc. is an organization that tries to avoid the potential for violence or a lawsuit each time an employee is asked to leave the company. It does this by having the former employees meet with a specialized member of the HR staff to discuss their feelings while also getting help to find a new job. Which strategy does OutCode Inc. use in this scenario?
A. outplacement counseling B. outcome fairness C. an employee assistance program D. fair representation E. alternative dispute resolution
Identify the advertisements in which some kind of announcement about the product dominates the copy
A) feature/benefit appeals B) competitive advantage appeals C) favorable price appeals D) news appeals
Legal obligations to give up things of value in the future are known as ________.
A. assets B. owners' equity C. borrowings D. liabilities