Adding more marketing channels increases the channel cost of selling
Indicate whether the statement is true or false
FALSE
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You are a manager of a small lumber supply company. One of your employees accepts a gratuity from a customer without being aware that it violates the company code of conduct, but after a review by managerial staff and lawyers, it is determined to have violated the code. What is the first step you should take?
a. Attempt to return the gratuity to the customer. b. Fire the employee. c. Ask for confidentiality from the customer. d. Revise the code of conduct.
Which of the following is not true regarding the use of materials variance information?
A) The purchasing agent has the responsibility for controlling the materials price variance. B) The production manager is generally responsible for materials usage. C) The production manager is concerned with minimizing scrap, waste, and rework. D) The purchasing department is responsible for acquiring quality materials. E) All of these are true.
Which of the following is an optimization approach that can be used to create aggregate plans, where the total production cost is represented by a single quadratic cost function, which is minimized using calculus?
a. linear decision rule b. linear programming c. simulation d. management coefficient model
The comparative income statement of Lawn Products, Inc showed sales of $325,00 . in 200 . and $494,450 in 200 . . Compute the percentage of net change in sales. (Round answer to one decimal place.)