Benefits of implementing BPM include:
A) employees work longer hours.
B) smooth business operations.
C) low efficiency reduces costs.
D) employees don't feel worse off.
E) none of the above
B
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Under the periodic inventory system, Cost of goods sold must be computed on the income statement because it is not updated for purchases, sales, and other transactions during the accounting period
Indicate whether the statement is true or false
As it pertains to new product characteristics, the superior position a product enjoys over competing products if consumers believe it has more value than other products in its category is referred to as
A. observability. B. competitive advantage. C. compatibility. D. product preference. E. superiority.
Fire Corp. is considering the purchase of a new piece of equipment. The equipment costs $50,000 and will have a salvage value of $5,000 after nine years. Using the new piece of equipment will increase Fire's annual cash flows by $6,000.a. What is the payback period for the new piece of equipment?b. Suppose that the increase in cash flows was $10,000 in the first year, then decreased by $1,000 each year over the life of the equipment. What is the payback period for the equipment?
What will be an ideal response?
The owners of Ngai Rice Valley Farms, Inc, and Ozuru Markets, Ltd., are citizens of countries that had ratified the Convention on Contracts for the International Sale of Goods. They enter into a contract for a sale of rice. To be enforceable, this contract
a. need not be in writing. b. may be oral or written, but has certain requirements as to form. c. must be in writing. d. must comply with the UCC's Statute of Frauds provisions.