The largest cost of producing a service is the cost of:
a. labor.
b. paperwork.
c. infrastructure.
d. lost sales.
c
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If a manager has, overall, a competent and motivated workforce, what style of leadership would Hersey and Blanchard prefer to be used if said manager could only choose one?
a. delegating b. directing c. coaching d. supporting
On a break-even chart, the break-even point is located at the point where the total
a. revenue line crosses the total fixed cost line. b. revenue line crosses the total contribution margin line. c. fixed cost line intersects the total variable cost line. d. revenue line crosses the total cost line.
The consumer “bill of rights” includes the right to:
a. waste b. safety c. national origin d. freedom e. religion
The Native Industries, Inc is going to issue 180-day commercial paper to raise $25 million. It
anticipates a discounted interest rate of 13 percent, and dealer placement costs of approximately $60,000. What is the effective annual cost of credit to Native Industries? A) 13.46% B) 15.38% C) 14.06% D) 14.45%