A product is a good, service, or idea with both tangible and intangible attributes that collectively create value for a buyer or user
Indicate whether the statement is true or false
TRUE
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The labor efficiency variance is calculated by the equation
A) (Actual Hours x Standard Rate) - (Standard Hours x Standard Rate). B) (Actual Rate x Actual Hours) - (Standard Rate x Actual Hours). C) (Standard Hours x Actual Hours) - (Actual Hours x Standard Rate). D) (Standard Hours x Actual Rate) - (Actual Hours x Actual Rate). E) None of these.
To become ISO 9000 certified, organizations must:
A) document quality procedures. B) have an onsite assessment. C) have an ongoing series of audits of their products or service. D) all of the above E) none of the above
When one party makes a material change in the terms of the contract without the approval of the other party, the contract is discharged by
a. substantial performance. b. accord and satisfaction. c. alteration. d. waiver.
Many advertising experts consider the most important part of a print ad to be the
A. body copy. B. layout. C. subhead. D. needledrop. E. headline.