A ______ is, legally, a manufacturer's assurance that a product will meet certain quality and performance standards
a. certificate of quality
b. certificate of use c. notarized promise d. pledge
e. none of the other choices are correct
e
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Baggs buys $100,000 of Vista Company bonds on January 1, 2016 at face value. The bonds pay 10% interest semiannually on June 30 and December 31 . If Baggs sells the bonds at 99 on July 1, 2016, there will be a loss reported on the income statement
a. True b. False Indicate whether the statement is true or false
Parks Company reported an increase of $370,000 in its accounts receivable during the year 2015 . The company's statement of cash flows for 2015 reported $1 million of cash received from customers. What amount of net sales must Parks have recorded in 2015?
a. $370,000 b. $1,000,000 c. $1,370,000 d. $630,000
During the decline phase of the product life cycle, ________.
A. channel members cease to support the product B. promotion emphasizes brand advertising and comparative ads C. promotion is focused on product awareness D. companies boost customer service efforts to keep up with product E. the product reaches its maximum distribution
What are some of the ethical and social challenges faced by operations managers?
What will be an ideal response?