"Economies of scale" means that as a company produces more of a product, the total cost of production goes up.
Answer the following statement true (T) or false (F)
False
Economies of scale means that as a company produces larger numbers of a particular product, the cost of each unit of the product goes down.
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All of the following are common measures of the overall health of a company, except:
A) market share B) level of innovation C) brand awareness D) productivity
Which of the following is used in the sales journal to indicate that summary totals have been posted to the general ledger?
a. a check mark; b. an account number; c. SJ; d. X; e. GJ.
The effective management of diversity can enhance the social responsibility goals of an organization. Other areas where sound management of diverse workforces can improve the effectiveness of an organization and its competitive advantages include all but one of the following
A. organizational flexibility B. resource acquisition C. marketing D. problem creation
Valley View Construction Corporation wants to obtain a zoning variance for a part of its property. The variance must not
a. compromise the campaign promises of the zoning board members. b. include a burden that has a connection to the property. c. result in a profit for its proponent. d. alter the essential character of the property.