The operational measure of throughput is "the rate at which money is generated by the system through production of goods and services that might be sold."
Answer the following statement true (T) or false (F)
False
Throughput is the rate at which money is generated by the system through sales.
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The British economist G. MacDougall compared the labor productivity ratios and export ratios for the United Kingdom and the United States in order to test
a. Adam Smith's principle of absolute advantage. b. David Hume's price specie flow mechanism. c. David Ricardo's principle of comparative advantage. d. William Benoit's theory of mercantilism.
One common difficulty in creating a strong, competitive brand positioning is that many of the attributes or benefits that make up the points-of-parity and points-of-difference are ________
A) negatively correlated B) always correlated C) directly proportional D) never correlated E) positively correlated
Which of the following accounts is not included in the calculation of a company's ending retained earnings?
A. Revenues. B. Dividends. C. Expenses. D. Cash. E. Beginning Retained Earnings.
Kirsten just bought a car that had a one-year warranty stating that it covered the cost of parts, but not labor. It also stated that the warranty only covered the powertrain, and no other part. What kind of warranty did Kirsten's car have?
A) full warranty B) limited warranty C) disclaimer warranty D) implied warranty of fitness for a particular purpose