Which approach to capacity management would use production machinery that can be changed easily from producing one product to another?
A) Time flexibility from workforce
B) Use of subcontracting
C) Use of dual facilities—dedicated and flexible
D) Designing product flexibility into the production processes
Answer: D
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The direct strategy should be used to communicate negative news when ________
A) the news may provoke a hostile reaction B) the news affects the receiver personally C) firmness is necessary D) the news could threaten the customer relationship
This year Latrell made the following charitable contributions: DoneePropertyCostFMVJones FoundationIBM stock$15,000$25,000Salvation ArmyClothes2,500500City HospitalCash20,000 Determine the maximum amount of Latrell's charitable deduction assuming the Jones Foundation is a private nonoperating foundation and Latrell's AGI is $100,000 this year. You may assume that the stock and painting have been owned for 10 years.
What will be an ideal response?
On February 3, Smart Company sold merchandise in the amount of $5,800 to Truman Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Smart uses the perpetual inventory system and the gross method. Truman pays the invoice on February 18, and takes the appropriate discount. The journal entry that Smart makes on February 18 is:
A.
| Cash | 4,000 | |
| Accounts receivable | 4,000 |
B.
| Cash | 5,684 | |
| Accounts receivable | 5,684 |
C.
| Cash | 3,920 | |
| Sales discounts | 80 | |
| Accounts receivable | 4,000 |
D.
| Cash | 5,800 | |
| Accounts receivable | 5,800 |
E.
| Cash | 5,684 | |
| Sales discounts | 116 | |
| Accounts receivable | 5,800 |
To find a target market, a firm can use one of these targeting strategies.
A. Total market strategy and the undifferentiated strategy B. Product differentiation strategy and the customer differentiation strategy C. Demographic strategy and the psychographic strategy D. Socioeconomic strategy and the psychological strategy E. Undifferentiated strategy, the concentrated strategy, and the differentiated strategy