A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to enjoy economies of scale that result in higher quality and lower cost than if every company makes its own parts.

Answer the following statement true (T) or false (F)


True

Business

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Rock Creek Bottling Company pays its production manager a salary of $6,000 per month. Salespersons are paid strictly on commission, at $1.50 for each case of product sold.For Rock Creek Bottling Company, the cost of the salespersons' commissions is an example of:

A. a mixed cost. B. a fixed cost. C. a variable cost. D. none of these

Business

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

Business

A small business is often defined as having fewer than ________ employees, as well as being independently owned and operated.

A. 200 B. 100 C. 500 D. 400 E. 300

Business

Shipment contracts are more common in international trade than destination contracts

Indicate whether the statement is true or false

Business