_____ refers to an organization's initiative of adding to a product or service to increase its value to the consumer.
A. Scaling value
B. Enhancement of existing products or services
C. Appreciation of existing products or services
D. Incrementing value
Answer: B
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Skimming involves stealing cash from an organization after it is recorded on the organization's books and records
Indicate whether the statement is true or false
Trey, Inc. is studying marketing cost and sales volume, and has generated the following information by use of a scatter diagram and a least-squares regression analysis: Scatter Diagram Regression AnalysisVariable cost per unit sold$6.50 $6.80 Total monthly fixed cost$45,000 $42,500 Trey is now preparing an estimate for monthly sales of 18,000 units. On the basis of the data presented, compute the most accurate sales forecast possible.
A. $164,900. B. $167,400. C. $162,000. D. $159,500. E. None of the answers is correct.
Illinois Woodworking Company is preparing its statement of cash flows using the indirect method. During the year, Illinois Woodworking sold equipment for $5990 cash. The net book value of the asset was $4970. Which of the following statements is TRUE?
A) The gain on sale of $1020 is added back to net income in the operating activities section. B) The book value of the asset sold is shown as a negative cash flow in the investing activities section. C) The cash receipt of $5990 is shown as a positive cash flow in the investing activities section. D) The gain on sale of $1020 is shown as a positive cash flow in the financing activities section.
_________________________ predicts that labor relations practices and policies across countries will become more and more alike as globalization continues.
A. The United Nations B. Convergence theory C. Divergence theory D. Homogeneity theory