Business strategy is a strategy that ______.
a. attempts to address the fundamental question of what industries and markets in which the organization should enter and compete
b. attempts to address the fundamental question of how a company can compete in a particular industry
c. attempts to address the fundamental question of how to improve the company’s operations
d. attempts to address the fundamental question of what advertising strategy to follow
b. attempts to address the fundamental question of how a company can compete in a particular industry
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Coaching focuses on helping the salesperson recognize the need to improve his or her performance and:
A) using specially-sequenced exercises B) tracking performance improvements carefully C) encouraging salespeople to focus on primary tasks D) creating space for salespeople to develop professionally E) developing the salesperson's commitment to improve performance
Which of the following statements is false?
a. Material requisition forms are used to trace the issuance of raw materials to specific jobs. b. When a job is delivered to a customer, the cost of goods sold account is credited and the finished goods account is debited. c. When a job is completed, it is transferred from work in process to finished goods. d. Overhead is applied to jobs using a predetermined overhead rate.
Factory overhead was applied to completed jobs at the rate of 40% of direct labor costs. At the end of the year, several jobs were still in process. The job cost ledger shows direct labor costs of $7,000 . The proper journal entry for this adjustment is as follows:
a. A complete adjustment cannot be made due to lack of sufficient information. b. Debit Factory Overhead $2,800, credit Work in Process Inventory $2,800. c. Debit Work in Process Inventory $4,200, credit Factory Overhead $4,200. d. Debit Factory Overhead $4,200, credit Work in Process Inventory $4,200. e. Debit Work in Process Inventory $2,800, credit Factory Overhead $2,800.
If some interested third party wishes to become involved in a case, that party can file and ask for:
A) an intervention. B) a deposition. C) a summons. D) a discovery.