An entity that buys goods and sells them to customers at a markup is a ________
A) merchandiser
B) service provider
C) manufacturer
D) producer
A
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Discussions of business ethics frequently confuse what is ethical versus what is prudent versus what is practical versus what is legal.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
1. Repair and maintenance costs of vehicles used to deliver products to customers are product costs. 2. Repair and maintenance costs of vehicles used to deliver products to the customers are included in manufacturing overhead. 3. Direct materials and direct labor are prime costs. 4. Manufacturing companies produce their own products, but merchandising companies do not. 5. Service companies sell their time, skills, and knowledge.
When a mixed cost is graphed the Y-intercept corresponds to the
A) variable rate B) fixed cost C) total fixed cost + total variable cost D) number of units sold
In order for individuals to shift their mental maps, what is required?
a. Workshops and presentations b. Curiosity and ambition c. Teamwork and flexibility d. Openness and reflection