When a firm looks for new users in groups that might use a product but do not already use the product, the firm is using the ________ strategy
A) new-market segment
B) market-penetration
C) geographical-expansion
D) product development
E) diversification
B
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Connor asked his fraternity brothers if they would like to attend a sorority party with the idea of looking for women that they could possible date. It never occurred to Connor that his fraternity brother Steve prefers to date men. What would Connor assumption about his friends be considered?
a. stereotyping b. discriminatory c. homophobic d. heterosexist
An important purpose of closing entries is to
a. update the nominal accounts at year end. b. set permanent account balances to zero to begin the next period. c. help achieve the goals of the matching principle. d. transfer net income or loss to Retained Earnings.
Which type of conflict should cause managers to be concerned about sabotage and incidents of violence?
A. latent conflict B. felt conflict C. perceived conflict D. manifest conflict
On January 1, Feldstein Manufacturing had a beginning balance in Work-in-Process Inventory of $81,100 and a beginning balance in Finished Goods Inventory of $22,000
During the year, Feldstein incurred manufacturing costs of $351,000. During the year, the following transactions occurred: Job A-12 was completed for a total cost of $121,100 and was sold for $126,700. Job A-13 was completed for a total cost of $201,800 and was sold for $211,000. Job A-15 was completed for a total cost $60,000 but was not sold as of year-end. What was the balance in Finished Goods Inventory at the end of the year? A) $404,900 debit balance B) $82,000 credit balance C) $82,000 debit balance D) $382,900 debit balance