Which of the following would be classified as a prime cost?
A) cost of direct materials used
B) depreciation on factory equipment
C) salary of sales personnel
D) depreciation on office furniture
A
You might also like to view...
Business portfolio analysis is defined as the process in which management ________
A) studies the products and strategies of competitors to improve the company's own products B) analyzes consumer feedback in order to better position the company's brand image C) assesses the attractiveness of an SBU's market and the strength of its position in the market D) segments the company's markets to reach target consumers effectively E) conducts marketing research to evaluate the company's marketing strategy
Mobile ads rarely create substantial customer engagement and impact
Indicate whether the statement is true or false
In general, how many suppliers should constitute a firm’s supplier base?
a. Many b. Few c. Very many d. Ten
The advantages of manufacturing goods in a particular country and exporting them to foreign markets
A. can be wiped out when that country's currency grows weaker relative to the currencies of the countries where the output is being sold. B. are multiplied by the potential for local government officials to raise tariffs on the imports of foreign-made goods into their country. C. are weakened when that country's currency grows stronger relative to the currencies of the countries where the output is being sold. D. are largely unaffected by fluctuating exchange rates. E. are greatest when local distributors and dealers in that country can be convinced not to carry products that are made outside the country's borders.