Select the incorrect statement regarding the relationship between cost behavior and profits.
A. A pure fixed cost structure offers more security if volume expectations are not achieved.
B. In a pure fixed cost structure, the unit selling price and unit contribution margin are equal.
C. A pure variable cost structure offers higher potential rewards.
D. In a pure variable cost structure, when revenue increases by $1, so do profits.
Answer: B
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The physical distribution concept seeks to minimize the cost of distribution for a given customer service level.
Answer the following statement true (T) or false (F)
Trisha’s manager told her that while her job performance was strong, she needed to go above and beyond what is listed in the job description. Trisha’s manager is talking about which of the following outcome variables?
A. work-related attitudes B. organizational citizenship behaviors C. motivation D. employee withdrawal
What is an online ad?
A. A box running across a Web page that is often used to contain advertisements. B. Allows businesses to generate commissions or royalties from an Internet site. C. A technique that induces Web sites or users to pass on a marketing message to other Web sites or users. D. The ability of an organization to give its customers the opportunity to tailor products or services to customer's specifications.
The acronym SCORE stands for
A. Standard Card Options for Retirees. B. Sam's Cooperatives Operating in Reno. C. Service Corps of Retired Employees. D. Service Corps of Retired Executives. E. Sonoma City Options for Retired Employees.