If the company meets the new target cost number, how much will they have to cut costs per unit, if any?
A) $1
B) $3
C) $2
D) $3
C
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Scenario 1.1 Use the following to answer the questions. ? Greensprings Cemetery in upstate New York offers a full-service funeral and burial that is non-toxic to the environment. All materials used in the burial are natural and will decompose with no negative impact. Greensprings' service is relatively new in the United States, but services of this type are common in Great Britain. A typical burial in Greensprings' cemetery includes a casket made from bamboo, wicker, paper, or other natural material. There are no headstones of stone or concrete that will detract from the landscape, but trees and plants as "markers" are allowed. The cost for a burial at Greensprings is approximately $3,000, compared to about $6,000 at most traditional cemeteries. Although business was slow at first,
Greensprings is now experiencing an increase in the number of burials, due to referrals and a newly-developed website. The owners of Greensprings were previously in the cemetery business, and are active conservationist and wanted to make their business more sustainable. After conducting research and finding that there were natural burial sites in Great Britain, they wanted to provide an alternative to other environmentally-conscious Americans like themselves. Refer to Scenario 1.1. The customers of Greensprings Cemeteries are most likely choosing the Greensprings business because of its _______, which is evidence of a ______ _____. A. pricing; sales orientation B. environmental consciousness; market orientation C. novelty; production orientation D. environmental consciousness; business orientation E. pricing; profit orientation
David never stopped to consider the possible consequences of a long-term, permanent, disability. So David did not include disability income insurance in his personal risk management program. David is dealing with the risk of disability through
A) passive retention. B) active retention. C) risk control. D) risk avoidance.
Which one of the following statements about common stock is true?
A) Common stock can provide attractive capital appreciation opportunities. B) Dividends generally provide the greatest rate of return on common stocks. C) Common stocks generally have a negative rate of return over a ten-year period. D) The DJIA is the best indicator of the overall performance of common stocks.
________ theory says that the strength of motivation equals the perceived value of the outcome of a particular behavior times the perceived probability that the behavior will result in the outcome.
A. Herzberg's two-factor B. Alderfer's ERG C. Vroom's expectancy-valence D. McClelland's achievement-power-affiliation