Forecasting and the accompanying managerial decisions are extremely difficult when either the supply of raw materials or the demand for the finished product is highly unpredictable

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Which of the following is false regarding the issue of stock versus the issue of bonds to raise capital?

a. The payment of dividends is at the discretion of the board of directors. b. The payment of interest on bonds payable is required by law. c. Interest accrues, whereas dividends do not accrue. d. The declaration of dividends reduces the amount of income taxes the corporation must pay.

Business

Product storage time refers to the amount of time that a product spends in a production cell

Indicate whether the statement is true or false

Business

An integral component of any differentiated marketing strategy is _____

a. a unique set of product/service offerings to each customer group b. an overall company-based integrated strategy c. coordination of retailing strategy across units d. geographic differentiation to meet customer needs

Business

Angela runs a fashion boutique for women. Her customers can use an online editing software to create a rough image of the design and style they want Angela to use. The opportunity of _____ is highlighted in the given scenario.

A. using technology B. having lower overhead costs C. providing homogenous service D. exploiting market niches

Business