A family-oriented Italian restaurant's strategy consists of appealing to budget-conscious individuals and families with high-quality food, quick service, clean surroundings, and a wholesome environment. This constitutes its _____
a. goods/service category
b. target market
c. competitive advantage
d. organizational mission
d
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Which of the following functions of public relations departments involves presenting news and information about the organization in the most positive light?
A) corporate communications B) product publicity C) lobbying D) counseling E) press relations
Typically, penetration strategies which involve entering the market with low price are employed by technology-based products
Indicate whether the statement is true or false
Intentional misrepresentation is considered fraud
Indicate whether the statement is true or false
Levron Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$500Direct labor cost$2,640The predetermined overhead rate is closest to:
A. $2.00 per machine-hour B. $2.90 per machine-hour C. $4.90 per machine-hour D. $6.90 per machine-hour