Using your own company or business idea, choose a new market for your product or service. Define the external environment, your own and your company’s strengths and weaknesses, and a basic strategy to enter that market.
What will be an ideal response?
Answers will vary depending on the students’ choices
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Which of the following is a prerequisite for a fraud investigation?
a. Predication b. A specific allegation of fraud against another party c. Consistent bottom-line improvement d. Rationalization
The purpose of capacity control is to ______.
A. achieve as balanced a workload as possible among the various work centers B. ensure there is no shortage or surplus of inventory C. ensure there is no stock-out or excess of finished goods D. ensure excess capacity is productively used and not wasted
Rewrite the following sentence to achieve a tone appropriate for a business report: The company lost a bundle with the new product line
Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. The machine is depreciated using the units-of-production method. The company estimates it will use the machine for 5 years, during which time it anticipates producing 40,000 units. The machine is estimated to have a $4,000 salvage value. The company produces 9,000 units in year 1 and 6,000 units in year 2. Depreciation expense in year 2 is:
A. $4,500. B. $9,600. C. $14,400. D. $4,000. E. $3,000.