Once the needs of the equipment have been determined, it is possible to determine the type of equipment that would best meet the organization's needs

Indicate whether the statement is true or false.


T

Business

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Communicating with the marketing unit, motivating marketing personnel, and coordinating marketing activities are part of the _____________ component of strategic planning.

A. Formulating marketing strategies B. Assessing organizational resources C. Marketing evaluation D. Developing the marketing plan E. Marketing implementation

Business

Affordable housing projects are usually the responsibility of:

a. community-development corporations. b. federal government. c. local government. d. nonprofit organizations, such as Habitat for Humanity.

Business

Lofft Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.    Sales (2,000 units)$120,000Variable expenses 90,000Contribution margin 30,000Fixed expenses 16,500Net operating income$13,500 Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 10% increase in sales is closest to:

A. 4.50% B. 1.13% C. 22.22% D. 88.89%

Business

Suppose International Trading Enterprises purchased 25,000 kilograms of Belgian chocolate for a price of 100,000 euros. If the current exchange rate is .77000 euros to the U.S. dollar, what is the purchase price of the chocolate in dollars?

A) $19,250 B) $770,000 C) $77,000 D) $129,870

Business