Costs that change in relation to volume changes, but not in direct proportion to those changes, are known as:

a. Variable costs.
b. Semivariable costs.
c. Fixed costs.
d. Curvilinear costs.


b

Business

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Typically, the largest expense to a manufacturing firm is cost of goods sold

Indicate whether the statement is true or false

Business

When responding to someone who becomes angry after you have delivered an assertive confrontation message, you should not:

a. Ask him to take a short break and then return so you can discuss the matter b. Judge his reasons for feeling as he does, even when you disagree c. Ask clarifying questions to help him tell his story d. Allow him to continue in his angry state without attempting to calm him

Business

Answer the following statement(s) true (T) or false (F)

1. A strength of the GLOBE study is that it provided a classification of cultural dimensions that is more expansive than Hofstede's classification system. 2. The GLOBE study identified only valued leadership attributes 3. There is one unified theory of culture and leadership. 4. Globalization has created a need to understand how cultural differences affect leadership performance. 5. Assertiveness is a universally desirable leader attribute.

Business

Yelton Co. just sold inventory for 80,000 euros, which Yelton will collect in sixty days. Briefly describe a hedging transaction Yelton could engage in to reduce its risk of unfavorable exchange rates.

What will be an ideal response?

Business