A driving force that causes a person to take action to satisfy specific needs is called a(n):
A. instigator
B. motive
C. enforcer
D. stimulus
E. belief
Answer: B
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Britney is fifteen years old and wants to begin her own business selling cupcakes to coffee shops and restaurants She is having a tough time deciding whether she should express her market share in terms of the revenue generated or the number of cupcakes sold. Regardless of what she chooses, which of the following types of pricing objectives is Britney considering?
a. Status quo pricing b. Profit oriented c. Target return on investment d. Sales oriented
Merati Corporation has two manufacturing departments-Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: FormingAssemblyTotalEstimated total machine-hours (MHs) 5,000 5,000 10,000Estimated total fixed manufacturing overhead cost$28,000$10,500$38,500Estimated variable manufacturing overhead cost per MH$1.80$2.60 During the most recent month, the company started and completed two jobs-Job B and Job L. There were no beginning inventories. Data concerning those two jobs follow: Job BJob LForming machine-hours 3,400 1,600Assembly machine-hours 2,000 3,000Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The
manufacturing overhead applied to Job L is closest to: (Round your intermediate calculations to 2 decimal places.) A. $27,830 B. $11,840 C. $14,100 D. $25,940
Economic fluctuations (recessions or expansions) are examples of which time series demand component?
a. Trend b. Seasonality c. Cyclical d. Random variation
Explain the supply chain decision-making framework and the role of the four major drivers
What will be an ideal response?