Fixed costs may be relevant in a decision.

Answer the following statement true (T) or false (F)


True

Business

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When group members elaborate on their group’s stories and fantasy chains, they create a unified way of viewing the world. This is called ______.

A. rhetorical vision B. dramatizing C. fantasy chaining D. symbolic convergence

Business

Service organizations use unit costs of services to determine inventory balances

Indicate whether the statement is true or false

Business

Using the retail inventory method, if the cost to retail ratio is 70% and ending inventory at retail is $145,000, then estimated ending inventory at cost is $207,143.

Answer the following statement true (T) or false (F)

Business

In the ______ model of group development, the group sets its direction at the first meeting and this pattern of behavior and approach to the task become firmly adhered to for the first one half of the group’s existence.

A. punctuated equilibrium B. temporal rhythms C. virtual globe teams D. face-to-face interactions

Business