Service companies can differentiate their service delivery by ________
A) using symbols and logos
B) instituting a hierarchical organizational structure
C) offering innovative product features
D) de-emphasizing branding
E) having more able and reliable customer-contact people
E
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Hardigree Corporation uses a job-order costing system. Beginning balance in Work in Process$36,000(1)Raw materials purchased on account$207,000(2)Direct materials requisitioned for use in production$161,000(3)Indirect materials requisitioned for use in production$42,000(4)Direct labor wages incurred$87,000(5)Indirect labor wages incurred$101,000(6)Depreciation recorded on factory equipment$42,000(7)Additional manufacturing overhead costs incurred$57,000(8)Manufacturing overhead costs applied to jobs$219,000(9)Cost of jobs completed and transferred from Work inProcess to Finished Goods$403,000 The manufacturing overhead was:
A. $23,000 Overapplied B. $19,000 Overapplied C. $19,000 Underapplied D. $23,000 Underapplied
Which of the following describes the cash budget?
A) It aids in planning to ensure the company has adequate inventory and cash on hand. B) It captures the variable and fixed expenses of the business. C) It depicts the breakdown of sales based on terms of collection. D) It helps in planning to ensure the business has adequate cash.
Guidelines from Consumer Report call for posting website corrections on the site
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Discontinuous change means evolutionary or transactional forms of change within an organization. 2. Examples of shifts in an organization’s external environment include economic downturns, new technology, company mergers, and new laws. 3. Organizations can ask themselves “What to change” and focus on either new technology that is needed to aid in the change or re-organizing their labor. 4. The life-cycle theory is important because it states that an organization “follows a single sequence of stages or phases, which is cumulative and conjunctive” and helps lead us to understand which phase the company is in. 5. Teleological theory assumes that an organization is purposeful and adaptive.