The business decisions made by the marketing department include transactional data, purchasing data, payroll data, and tax data.

Answer the following statement true (T) or false (F)


False

The business decisions the accounting department makes includes transactional data, purchasing data, payroll data, and tax data.

Business

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Many companies have developed ________ programs that encourage employees to develop new product ideas

A) management B) incentive C) entrepreneurial D) intrapreneurial E) crowdsourcing

Business

General Motors groups related activities into units based on the type of automobile that is produced: Buick, Cadillac, Chevrolet, and GMC (trucks). Which type of departmentalization does this portray?

a. functional departmentalization b. territory departmentalization c. customer departmentalization d. product departmentalization

Business

A company faces a fixed cost of $568 and sells items at a 50% markup on their cost of $12. What is their break-even point in both units and dollar sales?

What will be an ideal response?

Business

Vertivius, a gaming device manufacturer, entered the gaming market only after conducting a thorough survey of the potential customer base. Vertivius waited for five years before introducing its unique product—the first handheld gaming device—in the market. It introduced this product after ensuring that it would be embraced by the customers. In this scenario, Vertivius:

A. has a high speed-to-market. B. is a leading-edge firm. C. uses the concept of fast-laning. D. is a bleeding-edge firm.

Business