Proper retail balance occurs when consumer demands for one-stop shopping are satisfied

Indicate whether the statement is true or false


True

Business

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A firm that is plagued with overcapacity, intense competition, or changing consumer desires would do better if it pursues ________ as its major objective

A) market skimming B) product-quality leadership C) survival D) profit maximization E) market penetration

Business

The cost of a long-term asset is expensed

A) in the period in which it is sold. B) in the period in which it is acquired. C) as the asset benefits the company. D) when it is paid for.

Business

At the beginning of last year, Tarind Corporation budgeted $75,000 of fixed manufacturing overhead and chose a denominator level of activity of 150,000 machine-hours. At the end of the year, Tari's fixed manufacturing overhead budget variance was $2,250 favorable. Its fixed manufacturing overhead volume variance was $3,750 favorable. Actual direct labor-hours for the year were 156,250. What was Tari's total standard machine-hours allowed for last year's output?

A. 142,500 B. 162,000 C. 157,500 D. 164,000

Business

According to the GLOBE study, the extent to which individuals engage in future-oriented behaviors, such as delaying gratification, planning, and investing in the future, explains which dimension?

*a. future orientation b. gender egalitarianism c. uncertainty avoidance d. assertiveness

Business