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a. True
b. False
Indicate whether the statement is true or false
True
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The product life cycle has a significant impact on costs and profits
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The cost of computer equipment does not include the consultant's fee to supervise installation of the equipment
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Robert, a marketing manager in a global exporting firm, prefers to strictly follow the work schedule designed by the top management team. Despite the flexibility given to him to reschedule certain functions in the marketing department, Robert favors a standardized and structured approach to work. In the context of Geert Hofstede's cultural dimension model, Robert is more likely to score high on:
A company has two different products that are sold in different markets. Financial data are as? follows: Product A Product B Total Revenue ?$15,000 ?$9,400 ?$24,400 Variable cost ?(7,000) ?(9,800) ?(16,800) Fixed cost? (allocated) ?(3,000) ?(2,100) ?(5,100) Operating income? (loss) ?$5,000 ?$(2,500) ?$2,500 Assume that fixed costs are all unavoidable and that dropping one product would not impact sales of the other. If Product B is? dropped, what would be the impact on total operating income of the? company?