An organization retrenches by increasing its investment in a particular area
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Retrenching is a corporate strategy that involves reducing investment in a particular area.
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A marketer of breakfast cereals might send researchers to preselected households at 6 A.M. to watch families go about their morning routines
The client could also assign a researcher to accompany family members to the grocery store to record their behavior under actual shopping conditions. This type of research method is considered as: A) focus group. B) invasion of privacy. C) consumer panel study. D) factor analysis. E) observation.
Horizon Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor
Horizon uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 4 pounds per unit; $4 per pound Direct labor: 4 hours per unit; $15 per hour Horizon produced 5,000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the direct labor cost variance was $6,000 F. Which of the following is a logical explanation for this variance? A) The company used fewer labor hours than allowed by the standards. B) The company paid a lower cost per hour for labor than allowed by the standards. C) The company used a lower quantity of direct materials than allowed by the standards. D) The company paid a lower cost for the direct materials than allowed by the standards.
Sales above the breakeven point will generate a profit.
Answer the following statement true (T) or false (F)
The General Court was established to reduce the workload of the European Court of Justice. Its jurisdiction is limited to: A) appeals of the Commission's decisions on mergers and acquisitions
B) hearing cases between EU institutions and their employers. C) appeals related to penalties imposed for Non-European Community companies' price-fixing. D) all of the above. E)A and C only.