A firm's core competencies should determine its core processes
Indicate whether the statement is true or false
TRUE
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One characteristic of incremental budgeting is that it
A. allows comparison using various units, like labor hours and dollars. B. is flexible towards changing environmental demands. C. locks managers into stable spending arrangements. D. allows easy comparison of different departments doing different activities. E. requires more time from managers than zero-based budgeting.
Data analytics can provide deep insight into financial data, but is not particularly useful when evaluating non-financial data such as social media.
Answer the following statement true (T) or false (F)
A rifle manufacturer needs muzzles, trigger mechanisms, and wooden gunstocks to produce rifles. Without these items the manufacturer cannot produce its rifles
It will reduce its demand for trigger mechanisms and gunstocks if suppliers are unable to sell the muzzles it needs. This is an example of ________ demand. A) reverse B) synergistic C) joint D) reciprocal E) inelastic
Cost of goods sold increased $200,000 and 22% from the previous year. What type of analysis was performed?
a. Vertical b. Horizontal c. Normal d. Absolute