In a value-added chain, value is added only at the first stage of the chain.
Answer the following statement true (T) or false (F)
False
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If a company pays for an analyst's certification, they may require the analyst to stay with the company for a certain amount of time once they are certified.
Answer the following statement true (T) or false (F)
Braun Schiffer is a maker of high-quality audio speakers. It is on the verge of launching a new
range of high-powered, yet extremely compact, speakers. The fixed overhead costs for production of these speakers is estimated at $400,000. The costs producing a single unit is $200. The company prices these speakers at $400. The sales forecast projects that 1,800 units will be sold by the end of the first year, 4,200 more in the second year, and 2,500 during the third year after launch. At what point of time is the company most likely to break even? A) twelve months B) eighteen months C) fifteen months D) six months
In June, The Seascape Gallery sells an oil painting to Collegiate Systems, Inc Collegiate promises to pay for the painting in three months. The gallery prepares a draft ordering Collegiate Systems to pay $3,000 to First Bank on September 15 . Collegiate Systems signs the draft. The draft is a
a. sight draft. b. time draft. c. trade draft. d. future draft.
Which of the following phrases best describes product focus?
A) low volume, high variety B) Finished goods are usually made to order. C) Processes are designed to perform a wide variety of activities. D) high fixed costs, low variable costs E) high inventory