Archer Daniels Midland Co. (ADM) is the world's largest cocoa-bean processor. It buys cocoa beans and converts them into cocoa powder and cocoa butter, which it then sells to companies like Hershey's that manufacture consumer products containing chocolate. ADM is operating in a(n) ________ market.
A. consumer
B. service
C. industrial
D. reseller
E. government
Answer: C
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The great majority of business and individual software is open source, that is, software that is developed and sold for profit.
Answer the following statement true (T) or false (F)
Why will there frequently be a difference between the budgeted cost of material in the material purchases budget and the budgeted cash disbursement for material in the cash budget?
A helicopter operated by a metropolitan police department crashes, injuring the two policemen aboard and damaging a home. It crashes in a minority neighborhood, prompting speculation that this is yet another example of the oft-repeated charge that the police department does most of its patrolling in that community. Which of the following is the best way of handling this crisis?
A. Don't do or say anything until you have all the facts. B. Announce that the department is looking into the possibility of suing the company making the helicopter. C. Issue a news release, describing the technical problem that caused the crash using the technical language of the department's consulting engineer. D. Meet with neighborhood groups, reminding them that the police have to patrol their neighborhood more than most because the crime rate in the area is the highest in the metropolitan area. E. None of the above.
If the standard deviation is 6.2, the Z value is 2.00, and the expected date of completion is 33 months, then the due date for project completion is ______.
a. 45.40 months b. 35.75 months c. 29.65 months d. 39.55 months