Using to Katz’s three skill model, to what degree are each of the three skills needed at the top management level?
What will be an ideal response?
Top managers need equally high levels of human and conceptual skills, and they need fewer technical skills.
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An aging schedule typically categorizes the various accounts by the length of time each invoice is outstanding
a. True b. False Indicate whether the statement is true or false
The static budget, at the beginning of the month, for Beacon Banner Company follows:
Static budget: Sales volume: 1100 units; Sales price: $70.00 per unit Variable costs: $33.00 per unit; Fixed costs: $37,800 per month Operating income: $2900 Actual results, at the end of the month, follows: Actual results: Sales volume: 995 units; Sales price: $75.00 per unit Variable costs: $35.00 per unit; Fixed costs: $35,000 per month Operating income: $4800 Calculate the sales volume variance for revenue. A) $2800 U B) $7350 U C) $3885 U D) $4975 F
J. J. Johnson has decided to supplement his income by selling beehives. He expects to sell 25,000 hives in 2010 . He ended 2009 with 2,500 completed hives in inventory and would like to complete operations in 2010 with at least 2,800 completed hives in inventory. There is no ending work in process inventory. One beehive holds about 250 bees. The bees are purchased for $4.00 per 1,000 bees. The
hives sell for $15.00 each. How many beehives would the 2010 production budget identify as needing to be produced? a. 25,300 b. 25,000 c. 30,300 d. 24,700
If you are a marketer for a manufacturer, and the marketing mix for your product focuses on very specific market segments, you'd like to sell your product through
A. convenience stores. B. department stores. C. extreme value retailers. D. specialty stores. E. category specialist stores.