Which of the following is an unstructured decision?

A. how much inventory to reorder
B. how fast an assembly line should operate
C. when scheduled maintenance should be performed
D. which research and development projects should be undertaken


Answer: D

Business

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The lowest level of human needs illustrated in Maslow's hierarchy relates to which of the following?

A) love/belonging B) physiological C) safety D) esteem

Business

Many U.S. firms prefer to sell in Canada, England, and Australia—rather than in larger markets such as Germany and France—because they feel more comfortable with the languages, laws, and culture, which reflect the ________ between these countries

and the United States. A) self-serving bias B) coincident development C) psychic proximity D) cognitive dissonance E) backward invention

Business

A given percentage increase in consumer demand can lead to a larger percentage increase in the demand for plant and equipment necessary to produce the additional output. Economists refer to this as ________

A) derived demand B) inelastic demand C) the acceleration effect D) a straight rebuy E) the sales cycle

Business

The following information is for Barrel and its competitor Crate. ?BarrelCrate?Year 1Year 2Year 1Year 2Net sales  $347,850$365,418$579,750$664,395Cost of sales  121,747146,167318,862312,265Required:1. Calculate the dollar amount of gross margin and the gross margin ratio to the nearest percent, for each company for both years.2. Which company had the more favorable ratio for each year?3. Which company had the more favorable change in the gross margin ratio over this 2-year period?

What will be an ideal response?

Business