When companies respond to complaints that packaging is excessive and wasteful, which purpose of packaging is being considered?

A) to contain and protect the product
B) to be environmentally friendly
C) to facilitate use and convenience
D) to promote the product
E) to provide portion control


B
Explanation: B) A growing concern among many consumers is whether a product and its package are environmentally sound. Some people have been critical of the excessive and wasteful packaging of products. Consequently, many companies are going "green." Increased effort is being placed on recycling and in developing new products that are eco-friendly.

Business

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When taking a physical inventory under the retail method, it is necessary to know only the quantity of items on hand

Indicate whether the statement is true or false

Business

The problems faced by the New York Times newspaper have been attributed to:

a. Jason Blair’s unethical behavior b. the culture of the organization c. the lack of challenging performance expectations d. the national culture

Business

Although the company has already established medical and retirement plan benefits, Toni Prevosti wants to consider other benefits to attract employees. As the company’s accountant, you have been tasked with annotating employee records with the benefit elections for each employee. The following sheet contains details of employee choices. Benefit-related payroll deductions will take effect on the

first pay period in March.


Annotate the Employee Earning Records with payroll-related benefit elections. The amount per pay period should be included in the record. As an example, if the employee elected to contribute $1,300 to his or her FSA, the period payroll deduction would be $1,300/26, or $50.

Business

As a consultant, you have been asked to generate a unit demand forecast for a product for year 2014 using exponential smoothing. The actual demand in year 2013 was 750. The forecast demand in year 2013 was 960. Using these data and a smoothing constant alpha of 0.3, which of the following is the resulting year 2014 forecast value?

A. 897 B. 766 C. 1,120 D. 1,023 E. 813

Business