A(n) ________ competitor for a particular company is an organization offering similar, but not
identical, products or services.
A) brand B) category C) indirect D) budget
C
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A firm's accounts payable ledger may include accounts for creditors who are not suppliers of merchandise.
Answer the following statement true (T) or false (F)
The cancellation of many energy projects was ______.
a. a very difficult decision b. the result of low oil prices c. due to the lack of personnel to complete these projects d. a direct result of government regulation
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hr of sewing machine time and up to 150 hr of cutting machine time. Production of one shirt requires 3 hr of sewing time and 1 hr of cutting time. Each pair of pants requires 2 hr of sewing time and 1.5 hr of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Let X1 = Number of shirts to be produced, X2 = Number of pairs of pants to be produced. Which one of the following corner point (x1, x2) yields the maximum profit in this LP formulation?
A. (24,84) B. (80,100) C. (84,24) D. (80,0)
The Modigliani-Miller model of capital structure begins with the simple assumption that the investing decision and financing decision of a firm are inseparable
Indicate whether the statement is true or false.