The investment a company makes in training employees to perform their duties and redesigning products and processes to improve them would be categorized as prevention costs
Indicate whether the statement is true or false
TRUE
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Joanna uses her smartphone to accomplish many tasks everyday. She is also an avid shopper. Which online marketing tool will benefit Joanna the most to help her shop?
A) e-mail messages from sites to which she subscribes B) banking app for her bank C) instant deals and digital coupons D) YouTube video E) Facebook friends
The first unit took 10 hours and the fourth unit 8.1 hours. What is the improvement rate?
A) 99% B) 95% C) 90% D) 15% E) 10%
Blue Manufacturing Company is trying to decide whether to trade in equipment used in its manufacturing process for a newer model
The new equipment will save money because it will be more efficient to use. Indicate if the following items are relevant or irrelevant to this decision. Item Relevant or Irrelevant The price of the new equipment The price paid for the old equipment The trade in value of the old equipment The repair costs that will be incurred if the old equipment is kept The expected cost savings of the new equipment The costs that have been incurred on the old equipment What will be an ideal response
Which of the following is a feature of the shakeout phase of the industry life cycle?
A. The mode of competition shifts from price to non-price in this stage. B. Market demand in this stage primarily consists of first-time adopters. C. There is rapid industry growth during this stage. D. Competitive intensity within the industry increases.