OXO's toilet brushes are the top-selling toilet brushes for the past 15 years, and the market is not growing. Using the BCG Growth Matrix for SBU analysis, OXO's toilet brushes are a:
A. Star
B. Question Mark
C. Cash Cow
D. Dog
Ans: C. Cash Cow
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The market pricing approach sets pay structures by relying almost exclusively on rates paid by competitors in the external market.
Answer the following statement true (T) or false (F)
Bachrodt Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Processing, Supervising, and Other. The costs in those activity cost pools appear below: Processing$21,600Supervising$3,700Other$10,700Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below MHs (Processing)Batches (Supervising)Product Y73,700400Product V06,300600Total10,0001,000Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins. Product Y7Product V0?Sales
(total)$102,200$78,900?Direct materials (total)$40,800$39,100?Direct labor (total)$47,200$22,300?What is the product margin for Product Y7 under activity-based costing? A. $6,208 B. $14,200 C. $4,728 D. -$3,800
While agile project management does not consist of one set method, most methods are based on similar principles. Which of the following agile project management principles would be described when team members decide among themselves who should do what and what should be done?
A. Focus on customer value B. Iterative and incremental delivery C. Experimentation and adaptation D. Self-organization E. Continuous improvement
Jel Sert Company makes convenient, durable, and eye-catching packaging. Its salesperson is demonstrating to a manufacturer of sports drinks how Jel Sert's packaging would serve as a silent salesperson for its products. This is the _____ stage of the sale.
A. leading B. development and proposal of solutions C. follow-up D. sales approach E. closing