Which statement about the decline stage of the business life cycle is FALSE?
a. A company may start the life cycle all over again with the same product.
b. A company may be able to adapt to the consumers' changing needs.
c. Some competitors will drop out of the market.
d. Some competitors will remain and compete in the now smaller market.
a
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An unscheduled videoconference may be considered
A) exciting. B) cheap. C) intrusive. D) alarming. E) technologically advanced.
Suppose that papers for a newspaper stand cost $0.40 and sell for $0.80. They currently have no salvage value. If the stand owner is able to find an outlet that would provide a salvage value of $0.10, what would be the increase in service level?
A) .5 B) 0 C) .07 D) 1 E) unable to determine given only the above information
Who introduced control charts in 1924?
A) W. Edwards Deming B) Philip Crosby C) J.M. Juran D) William Shewhart E) Malcolm Baldrige
Baraban Corporation has provided the following data for its most recent year of operation: Selling price per unit$47 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$10Direct labor$6Variable manufacturing overhead$5Fixed manufacturing overhead per year$130,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$63,000 Units in beginning inventory0Units produced during the year10,000Units sold during the year9,000Units in ending inventory1,000 The unit product cost under absorption costing is closest to:
A. $13.00 B. $34.00 C. $39.00 D. $21.00