What are the risks of marketing infant formula in third-world countries?
a. Customers cannot afford the formula
b. Customers may mix the powdered formula with bad water
c. Customers may water down the formula
d. All of the above
.D
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Petrous Company incurs both fixed and variable production costs. Assuming that production is within the relevant range, if volume goes up by 28%, then the total variable costs would ________.
A) increase by 28% B) remain the same C) increase by an amount less than 28% D) decrease by 28%
You are working with your client to determine the degrees of importance among three dimensions that you have decided to investigate. You and your client are brainstorming to decide how to label the degrees of importance. Which option is an inappropriate one to use?
a. Important (1) – Very important (2) – Most important (3) b. Not important (1) – Important (2) – Very important (3) c. Less important (1) – More important (2) d. Somewhat important (1) – Very important (2) – Extremely important (3)
Underlying every pricing decision is the fact that all costs incurred must be recovered in the long run or the company will no longer be in business
Indicate whether the statement is true or false
Which of the following types of security agreements can be utilized by a bank that wishes to take a security interest in both the manufacturing equipment and accounts receivable of a borrower?
A) conditional sale B) assignment of accounts receivable C) general security agreement D) chattel mortgage E) guarantee