In the market development growth strategy, companies grow by selling their existing products
and services into new markets.
Indicate whether the statement is true or false
TRUE
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Why is it unconstitutional for a state government to ban products imported from a foreign country, even if the country engages in activities that are not condoned by that state?
What will be an ideal response?
For work done during August, Printing Press Company incurred direct materials costs of $139,000 and conversion costs of $260,000 . The company employs a just-in-time operating philosophy and backflush costing. At the end of August, it was determined that the Work in Process Inventory account had been assigned $1,080 of costs, and the ending balance of the Finished Goods Inventory account was
$1,220 . There were no beginning inventory balances. What was the ending balance of the Cost of Goods Sold account for August? a. $396,700 b. $397,780 c. $397,920 d. $399,000
During October, Department A of Answer Inc started 320,000 units of product in a particular manufacturing process. The beginning work in process inventory was 50,000 units, and the ending inventory was 30,000 units. Direct materials are introduced at the start of processing, and beginning and ending inventories are considered to be 50 percent complete with respect to conversion costs. Department
A uses the FIFO costing method. The number of units started and completed by department A of Answer during October was A) 350,000. B) 360,000. C) 290,000. D) 320,000.
Answer the following statement(s) true (T) or false (F)
1. With enough online resources to access most corners of the world, almost anybody can be a leader, with or without formal authority, given the right skills and a strong initiative. 2. Informal leaders must act in the best interests of the organization and have certain rights and privileges that allow them to reward or discipline employees. 3. Management and leadership mean the same thing. 4. One could argue that Steve Jobs was a visionary type of leader. 5. Trait leadership perspective theory assumes effective leaders are born, not made.