Which question is not associated with the financials when conducting product screening?
a. Who is the competition?
b. What are the barriers to entry for this product?
c. Are the preliminary product design specifications established?
d. What is the expected profit?
c. Are the preliminary product design specifications established?
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One way to improve the power of your visual aids and your presentation in general is to do what?
A) Keep things simple. B) Alternate between tradition media and new media such as Prezi's. C) Develop a presentation that works both in person, and on webinars. D) Work on performance skills. E) Be passionate about your topic, and convince your audience to be passionate about it as well.
Assume that fixed costs of $1000 could be eliminated if Product B was dropped. Assume furthermore that dropping one product would not impact sales of the other. If Product B is dropped, what would be the impact on total operating income of the company?
A company has two different products that are sold in different markets. Financial data are as follows:
A) increases by $1000
B) increases by $1400
C) increases by $400
D) increases by $2000
Answer the following statements true (T) or false (F)
Ultimate Travel Company fabricates automobiles. Each auto includes one wiring harness, which is currently made in-house. Details of the harness fabrication are as follows:
A factory in India has offered to supply Ultimate Travel with ready-made units for a cost of $8 each. Assume that Ultimate Travel's fixed costs are unavoidable, but the company could use the vacated production facilities to earn an additional $5,000 of profit per month. In order to maximize operating income, Ultimate Travel should outsource.
What are common descriptors of the phase after the change?
a. Feeling of guilt and alienation b. Achieving closure, adaption, and openness to the new reality c. Shock and numbness d. Happiness, gratefulness, and excitement