Which of the following does NOT refer to a disadvantage of standardized information?
A) The ability to customize some projects is lost when using a standardized service.
B) The company providing the standardized service may not know the idiosyncrasies of a particular industry.
C) There is a greater burden on the client to ensure that the standardized service fits the intended situation.
D) Buyer firms often must commit to long-term contracts when buying standardized data.
E) Client firms need to be very familiar with the service provided, including what data are collected on which population, how the data are collected, and how the data are reported before they purchase the service.
D
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Common measures of production activity used to allocate factory overhead are
a. indirect material costs; b. utilities costs; c. repair costs; d. direct labor costs; e. depreciation.
Marco is working on promoting his company's Glazer brand of electronic razors. The company estimates 50 million potential users and sets a target of attracting 8 percent of the market
He hopes to reach 80 percent of the potential customers with an advertising message. He would be pleased if 25 percent of the prospects that were aware, tried the Glazer. According to further estimates, 40 percent of all triers will become loyal users. If the cost of exposing 1 percent of the target population to one impression is $4500 on an average, determine the necessary advertising budget, according to the objective-and-task method.
Encouraging entrepreneurial activity that focuses on whether we are producing young people with skills energy and ideas would be referred to as operating at what level?
What will be an ideal response?
If an activity whose normal duration is 15 days can be shortened to 10 days for an added cost of $2,000, what is the crash cost per period?
A) $400 B) $2,000 C) $10,000 D) $20,000 E) $30,000