Which of the following is a characteristic of purchase panels (Table 4.3 in the text)?
A) household purchases recorded through electronic scanners in supermarkets
B) households provide specific information regularly over an extended period of time; respondents asked to record specific behaviors as they occur
C) verification of product movement by examining physical records or performing inventory analysis
D) data banks on industrial establishment created through direct inquiries of companies, clipping services, and corporate reports
B
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A company that has developed a successful local product or brand cannot implement an adaptation strategy
Indicate whether the statement is true or false
The U.S. Equal Employment Opportunity Commission enforcing equal opportunity in employment laws is an instance of general government regulation
Indicate whether the statement is true or false
Triton Industries reports the following information regarding its production cost:Units produced77,000 unitsDirect labor$27 per unitDirect materials$12 per unitVariable overhead$33 per unitFixed overhead$3,311,000 in totala. Compute product cost per unit under variable costing.b. Compute product cost per unit under absorption costing.
What will be an ideal response?
Jim was a mechanic. One day when he attempted to weld a car's gasoline tank, it exploded and he was hurt. He filed to collect workers' compensation. His employer resisted on grounds that Jim had been negligent and had also violated the express regulations of the company when he attempted to weld a gasoline tank. Which statement is correct?
a. Jim cannot recover if it is shown that his negligent conduct caused the explosion. b. Jim cannot recover if it is shown that he violated the express regulations of his employer. c. Workers' compensation doesn't apply in situations like this. d. Jim can recover even if he was negligent and violated the employer's rules.