Which of the following is not true regarding ABC?
a. ABC is too time-consuming and complicated for practical applications over a sustained period.
b. ABC identifies the most and least profitable products and customers.
c. ABC promotes the lean manufacturing philosophies of process simplification and waste elimination.
d. All of the statements are true.
C
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Which of the following is NOT an advantage of a virtual company?
A) speed B) total control over every aspect of the organization C) specialized management expertise D) low capital investment E) flexibility
Web applications are typically limited by the capabilities of the ________.
A. hardware B. programming language C. motherboard D. operating system E. browser
Marketing managers should plan time for strategy changes and not put undue pressure on the people in their organization to perform heroic efforts.
Answer the following statement true (T) or false (F)
Friar Corp. sells two products. Product A sells for $100 per unit, and has unit variable costs of $60. Product B sells for $70 per unit, and has unit variable costs of $50. Currently, Friar sells three units of product B for every one unit of product A sold. Friar has fixed costs of $750,000. What is Friar's break-even point in units?
A. 15,000 units of A and 15,000 units of B B. 30,000 units of A and 30,000 units of B C. 7,500 units of A and 22,500 units of B D. 22,500 units of A and 7,500 units of B