Tactical planning is concerned with
A. setting long-run goals that will govern the general course of the organization for years.
B. devising temporary courses of action to be used if the primary plans do not achieve the desired results.
C. determining the best way to cope with an emergency situation.
D. developing detailed strategies about what is to be done, who is to do it, and how it is to be done.
Answer: D
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Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:Total machine-hours30,000Total fixed manufacturing overhead cost$252,000Variable manufacturing overhead per machine-hour$2.10Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours30Direct materials$675Direct labor cost$1,050The unit product cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $172.50 B. $99.00 C. $204.00 D. $68.00
Of the following, the LAST that a firm should specify are its
A. price objectives. B. promotion objectives. C. marketing objectives. D. publicity objectives. E. company objectives.
The Health Insurance Portability and Accountability Act only applies to the collection, use, and distribution of medical information by physicians
Indicate whether the statement is true or false
Cookies is a retail store where customers host parties for guests to bake and decorate cookies. The store offers customers their money back if the party experience is boring. Cookies is:
A. Confirming that performance equals performance standards to manage customer expectations B. Featuring the servicescape as a tool for integrating its marketing communications C. Preparing customers for the service process through customer education D. Offering a service guarantee to manage customer expectations E. Creating tiered-value offerings to improve customer education