Maxim Computer has 10 percent of a $250 billion market. Maxim is a low-cost leader and realizes a 20% margin on sales, and marketing, and administrative expenses equaling 10% of sales. What is Maxim's gross profit?
A) $250 billion
B) $25 billion
C) $5 billion
D) $2.5 billion
E) $500 million
C
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Harris Brown, the marketing manager at a small retail chain, wants to assess his firm's strengths, opportunities, weaknesses, and threats. Which of the following would be best suited for his purpose?
A) SWOT analysis B) cluster analysis C) portfolio analysis D) regression analysis E) Porter's five forces analysis
What is a question of value? Give an example of a question of value for a persuasive speech?
What will be an ideal response?
Maria likes visiting different restaurants and trying out a variety of cuisines. She writes her experiences on a Web page, titled Maria's Experiences, which can be read by people all around the world
She also reviews restaurants, and members of her Web page are entitled to post their comments and suggestions. Based on this information, Maria's Experiences is an example of a(n)__________. Fill in the blanks with correct word.
Assume that an assembly line has three tasks that must be completed (in order, A, B, C, and D). The tasks have processing times of 8, 12, 9, and 10 minutes per unit, respectively. If the assembly line operates for 500 minutes per day with a desired output of 50 units per day, what is minimum number of workstations?
a. 4 b. 3 c. 2 d. Cannot be determined from the information given