In designing the organization:
A. as the workload increases the organizational structure will contract.
B. the initial design is usually complicated.
C. poor design is a significant cause for business failure since the entrepreneur often performs all organization functions themselves.
D. the entrepreneur easily transitions from a growing start-up to a growing, well-managed business.
Answer: C
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When the ideal selling price is first determined and the feasibility of meeting that price is assessed and costs are controlled in order to produce the product that can be sold at the target price, this is called:
A) market development. B) price determination. C) target costing. D) product development.
A bond with a face value of $10,000 has a current price quote of 102.62 . The price in dollars and cents is
a. $10,002.62. b. $10,200.62. c. $10,026.20. d. $10,262.00.
Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units3,000 4,200 5,000 The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for January are:
A. 2,880 units. B. 3,420 units. C. 3,720 units. D. 3,120 units. E. 3,000 units.
Use of social media need not be planned as it is not considered part of promotional efforts.
Answer the following statement true (T) or false (F)