Which of the objectives below would best represent exploratory research?
A) Describe market characteristics or functions.
B) Determine cause and effect relationships.
C) Provide insights and understanding.
D) Test specific hypotheses and examine relationships.
C
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Materials used by Jefferson Company in producing Division C's product are currently purchased from outside suppliers at a cost of $10 per unit. However, the same materials are available from Division A. Division A has unused capacity and can produce the materials needed by Division C at a variable cost of $8.50 per unit. A transfer price of $9.50 per unit is negotiated and 30,000 units of
material are transferred, with no reduction in Division A's current sales. How much would Jefferson's total income from operations increase? A) $45,000 B) $120,000 C) $60,000 D) $150,000
Which of the following is true of the price-fixing clause?
A. It is a provision forbidding a licensee from competing with the licensor. B. It specifies only the minimum prices. C. It forbids a licensee from entering into agreements to acquire or distribute technologies or products that compete with ones furnished or designated by the licensor. D. It requires a licensee to sell products at a price specified by the licensor.
A ________ exists if both parties know the object of the contract but are mistaken as to its value
A) Mutual mistake of identity B) Mutual mistake of a material fact C) Unilateral mistake D) Mutual mistake of a value E) Unilateral mistake of value
Total ordering and holding costs
A) are relatively stable. B) are relatively stable around the economic order quantity. C) are relatively unstable around the economic order quantity. D) are unstable. c