Discuss why standards may need to be changed after they have been in effect for some period of time
Standards may need to be changed from time to time because of changing economic conditions, availability of materials, quality of materials, and labor rates or skill levels. Standards should be reviewed periodically to assure management that current standards are being established and used.
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When Carson Real Estate Company sells equipment for a loss, the Loss on Sale of Asset is treated as accumulated depreciation
a. True b. False Indicate whether the statement is true or false
Which of the following is true about a brand-asset management team (BAMT)?
A) A BAMT is part of the triangular and vertical product team structures. B) BAMTs often report directly to the organization's chief branding officer. C) BAMTs are a traditional, tried and tested means of managing brands. D) Companies with a product-management organization often have only one BAMT. E) The BAMT consists of key representatives from functions affecting the brand's performance.
Let graphics speak for themselves without adding a textual explanation
a. true b. false
With profit-oriented approaches to pricing, a price setter may choose to balance both ________ and ________ to set price.
A. cost; demand B. demand; supply C. tangible goods; services D. cost; revenue E. revenue; profit