Which of the following are most open to interpretation by the audience, based on their experiences?
A) Abstract words
B) Concrete words
C) Clichés
D) Buzzwords
E) Jargon
Answer: A
Explanation: A) Abstractions tend to cause more trouble because they are often "fuzzy" and can be interpreted differently, depending on the audience and the circumstances. The best way to minimize such problems is to balance abstract terms with concrete ones. State the concept, and then pin it down with details expressed in more concrete terms. Save the abstractions for ideas that cannot be expressed any other way.
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Which of the following statements is false about a journal entry?
A) All debits are always listed before any credits. B) It may have more than one debit or credit entry. C) Credits are always indented. D) Accounts that are increased are always listed first.
The Amish décor and shop workers give customers an authentic impression of the pride and skill built into the shop's products. Under the 7 Ps concept of the marketing mix, these aspects also contribute most directly to Indiana Wood's ________
A) product B) promotion C) physical evidence D) packaging E) positioning
The Valor Company manufactures two products: L and M. The costs and revenues are as follows: Product L Product MSales price$150 $112 Variable cost per unit 90 68 Machine hours per unit 15 10 Total demand for Product L is 2,000 units and for Product M is 1,000 units. Machine time is a scarce resource. During the year, 36,000 machine hours are available.Required:a. How many units of Products L and M should Valor produce?
What will be an ideal response?
Actual throughput level is referred to as?
a. Actual capacity b. Benevolent capacity c. Constrained capacity d. Effective capacity