Which process does a service firm such as a credit card company use to process bills?
a. project process
b. batch process
c. repetitive process
d. unique process
b. batch process
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Which of the following statements would be true if you own stock in a company?
a. You are an owner of the retained earnings and capital stock of the company. b. You have a claim to the assets of the business c. You have the right to receive interest on an annual basis. d. You have the right to a portion of the company's revenues each accounting period.
On the BCG matrix, "question marks" are high-growth, high-share businesses or products
Indicate whether the statement is true or false
Identifying potential issues before they occur and constructing a plan for dealing with them exemplifies a preemptive approach to crisis management
Indicate whether the statement is true or false
How is the price of a meal determined at a Panera Cares Café?
a. Customers decide how much to pay for their meal b. Meal prices are determined based on the cost of meal preparations c. Café managers set the prices of the meals each day based on ingredient costs d. Top management at Panera set a standard price of meals for all café locations.