Through ________, a local firm purchases the right to use a company's processes and brands in a service business
A) indirect exporting
B) contract manufacturing
C) joint ownership
D) franchising
E) direct investment
D
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Psychographics divide the total market in a geographic area into segments based on activities, interests, values, opinions, personality characteristics and attitudes using statistical procedures
Indicate whether the statement is true or false
Select cost information for Seacrest Enterprises is as follows: 1,000 units of output 5,000 units of output TotalCost/Unit TotalCost/UnitDirect materials$5,000$5.00 $25,000$5.00Utilities expense$1,000$1.00 $3,750$0.75Rent expense$4,000$4.00 $4,000$0.80Based on this information:
A. Utilities expense is a mixed cost and rent expense is a fixed cost. B. Utilities expense is a mixed cost and rent expense is a variable cost. C. Direct materials is a fixed cost and utilities expense is a mixed cost. D. Both direct materials and utilities expense are mixed costs. E. Both direct materials and rent expense are variable costs.
Identify, in order, the five steps required to implement the Monte Carlo simulation technique
What will be an ideal response?
Bob, a house builder, contracts with Ollie to build a house on Ollie's lot. The total price of the construction is $100,000, $20,000 of which will be Bob's profit. After Bob has put $10,000 worth of materials into the house, Ollie wrongfully refuses to let him finish the house. If Bob sues for damages, he will be able to collect
A. $10,000. B. $20,000. C. $30,000. D. $100,000.