The ________ criterion measures the ability of an organization to increase its capacity to deal with environmental demands.
A. productivity
B. development
C. adaptiveness
D. efficiency
Answer: B
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Define customer failures and list four methods to tackle them
What will be an ideal response?
Indicate whether each of the following statements is true or false.A master budget is a group of detailed, related budgets and schedules.The master budget includes only operating budgets.Capital budgets include projections for purchases of property, plant, and equipment.A sales budget includes a schedule of cash payments for inventory.The first step in preparing the master budget is to prepare an estimate of cash that will be needed during the period.
What will be an ideal response?
The Retained earnings account has a credit balance of $52,000 before closing entries are made. Total revenues for the period are $70,200, total expenses are $47,300, and dividends are $15,000. What is the correct closing entry for the expense accounts?
A. Credit Expense accounts $47,300; debit Retained earnings $47,300. B. Debit Income Summary $47,300; credit Expense accounts $47,300. C. Debit Income Summary $47,300; credit Retained earnings $47,300. D. Debit Expense accounts $47,300; credit Income Summary $47,300. E. Debit Expense accounts $52,000; credit Retained earnings $52,000.
Differentiation
A. helps a firm get a competitive advantage if it just meets needs in the same way as other firms. B. means that the marketing mix is similar to what is available from a competitor. C. is less obvious to target customers when there is a consistent theme integrated across the "Four Ps" decision areas. D. can only be based on one important element of the marketing mix. E. often requires that the firm fine-tune all the elements of its marketing mix to the specific needs of a distinctive target market.