Which of the following hosts, manages, and provides access to software and hardware over the Internet to multiple customers?

a. Outsourcing
b. application service provider
c. Insourcing
d. Benchmarking


B

Business

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In terms of the hierarchy of effects model, cognitive message strategies would be most closely tied to which stage(s)?

A) awareness and knowledge B) liking, preference, and conviction C) actual purchase D) knowledge and preference

Business

Which of the following is TRUE of service companies?

A) All costs of service companies are product costs. B) Service companies modify and resell products they buy from manufacturers. C) Revenues of service companies are only recorded on cash receipt. D) Service companies carry no inventories of products for sale.

Business

Contemporary strategic controls involve comparing actual performance to predetermined goals.

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

Business

Lumsden Inc. has a $1,200,000 investment opportunity with the following characteristics: Sales$2,400,000 Contribution margin ratio  30% of salesFixed expenses$600,000 ?The company's minimum required rate of return is 7%. The residual income for this year's investment opportunity is closest to:

A. $0 B. $120,000 C. $36,000 D. $84,000

Business