As the sales force is given more products to sell to the same customers, a(n) ________ effect is created
A) umbrella marketing
B) network
C) learning
D) marketing cost scope
E) cluster
D
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Answer the following statements true (T) or false (F)
1. One initiative of the International Trade Union Confederation is to pressure companies to adopt corporate codes of conduct that include a statement on the fair treatment of labor. 2. A written pledge or statement by an employer outlining standards that it will abide by in conducting business is known as a corporate code of conduct. 3. Corporate codes of conduct were initially adopted by companies that were looking to counter bad publicity and damage to their brands after being "caught" in some highly publicized labor abuse scandals. 4. College student activism has been largely ineffective in pushing companies toward adopting corporate codes of conduct. 5. Corporate codes of conduct have proven to be highly effective in stopping labor exploitation and environment abuse by large, multinational corporations.
Which of the following statements about requisitions is FALSE?
A. A requisition is a request to buy something. B. Requisition processing usually takes a few hours for both simple and complex purchases. C. A requisition is frequently handled online, to cut time and paper shuffling. D. The requisition process is a form of centralized control.
The basic difference between a master budget and a flexible budget is that a:
A. flexible budget allows management latitude in meeting goals whereas a master budget is based upon a fixed standard. B. master budget is for an entire production facility but a flexible budget is applicable to single departments only. C. master budget is based on one specific level of production and a flexible budget can be prepared for any production level within a relevant range. D. flexible budget considers only variable costs but a master budget considers all costs.
The difference between budgeted fixed manufacturing overhead and the fixed overhead applied to production is the:
A. spending variance. B. sum of the spending and efficiency variances. C. volume variance. D. controllable variance. E. efficiency variance.