Which of the following communities is not part of the European Union?
a. The European Community
b. The European Coal and Steel Community
c. The European Atomic Energy Community
d. None of the above
d
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Tangible property, such as automobiles, furniture, and equipment, and intangible property, such as securities, patents, and copyrights, are collectively referred to as ________
A) real property B) immovable property C) personal property D) fixtures
Superior Containers produces restaurant storage containers
The company makes two sizes of containers: regular (55 gallon) and large (100 gallon). Demand for the products is so high that Superior can sell as many of each size as it can produce. The company uses the same machinery to produce both sizes. The machinery can be run for only 2,500 hours per period. Superior can produce 20 regular containers every hour, whereas it can produce 8 large containers in the same amount of time. Fixed costs amount to $250,000 per period. Sales prices and variable costs are as follows: Per Unit Regular Large Sales price $105 $225 Variable costs 28 42 To maximize profits, how many of each size container should Superior produce? Given this product mix, what will the company's operating income be? What will be an ideal response
Answer the following statement(s) true (T) or false (F)
An innovative team, or I-Team, is made up of two or more people who formally create and share ownership of a new organization.
Which of the following statements is true of the value chain?
A) The value chain ends when the customer buys a product. B) The value chain includes primary and support activities used to produce a product. C) The value chain's extended activities neither offer strategic opportunities nor risks. D) The value chain does not involve the intermediaries that a company maintains.