Robert offers to buy a car from Jane for $400 . Jane must accept this offer in order to form an enforceable contract
a. True
b. False
Indicate whether the statement is true or false
True
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Of the four major activities in scenario planning, which involves a team being formed to determine the time horizon and the focal point of interest?
a. Getting started b. Laying the environmental-analysis foundation c. Creating the scenarios d. Moving from scenarios to a decision
Kapital, Inc has prepared the operating budget for the first quarter of the year
The company forecast sales of $45,000 in January, $55,000 in February, and $65,000 in March. Variable and fixed selling and administrative expenses are as follows: Variable Expenses: Power cost (20% of sales) Miscellaneous expenses: (10% of sales) Fixed Expenses: Salary expense: $6,000 per month Salaries expense: $5,000 per month Depreciation expense: $1,400 per month Power cost/fixed portion: $600 per month Miscellaneous expenses/fixed portion: $1,200 per month Calculate total selling and administrative expenses for the month of January. A) $27,700 B) $33,700 C) $13,500 D) $30,700
If the corporate demand and standard deviation both decrease by 50%, how many rooms should be reserved for corporate clients?
A) 7 B) 8 C) 9 D) 10
Chitra Stern developed her knowledge of the industry through:
a. market research b. talking to consultants c. reading feasibility studies d. all of the above