The technology paradox is characterized by:
a. increase in high technology companies despite stagnant demand
b. the capability of businesses to thrive despite the rapid pace of price decline
c. increase in technology jobs despite the decrease in wages
d. increasing volumes accompanied by increasing prices
e. the recent decline in tech stocks despite increased interest in technology sector
b
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The following information is for a product manufactured and sold by Drake Company:Sales price per unit: $100Variable cost per unit: $30Total annual fixed costs: $350,000Required:1) Calculate the contribution margin per unit.2) How many units must Drake sell to break-even?3) How many units must Drake sell to achieve a profit of $35,000?
What will be an ideal response?
Which statement effectively uses specific language to help the receiver understand the message?
a. Please send the information at your earliest convenience. b. Please send the price estimate ASAP before our next meeting. c. Please send the cost estimate for the chairs to the following address by June 1. d. Thank you in advance for sending the estimate.
All of the following are general categories of human resource management activities EXCEPT:
A. managing change. B. outplacement. C. development. D. adjustment.
Once a company has decided to enter the global marketplace, it must select a means of market entry. Four general options exist: (1) exporting; (2) ________; (3) joint venture; and (4) direct investment.
A. collateral venture B. microfinancing C. franchising D. macrofinancing E. licensing