______ tends to be less concrete and occurs over a somewhat long time horizon.

a. Values
b. Goals
c. Vision
d. Groupthink


c. Vision

Business

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

1) Fixed costs are relevant to a special pricing decision if they are subject to change as a result of the special order. 2) Assuming there are no other significant considerations, a product line with a negative contribution margin should be dropped. 3) In making product mix decisions, when fixed costs are irrelevant, a company should emphasize the product with the highest contribution margin per unit of the constraint. 4) A constraint is a factor that restricts the production or sale of a product, which varies from company to company. 5) Merchandisers are constrained by the size of their stores, and managers must choose which products to display.

Business

Under variable costing, which of the following is not considered a product cost?

A) Direct materials B) Direct labor C) Fixed manufacturing overhead D) Variable manufacturing overhead

Business

Bankruptcy law is based upon state law only

Indicate whether the statement is true or false

Business

Consider the network shown in the figure. The architect decides to remove a few of the (undirected) arcs but still have each node connected to at least one other node within a single network

Which arcs should be removed and what is the total arc length that is removed?

Business