Which of the following is not part of the "perform" stage in the management process?
a. Matching human resources to the task to be performed
b. Hiring and training personnel
c. Identifying operating activities that minimize waste
d. Controlling operations
D
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Lusk Corporation produces and sells 10,000 units of Product X each month. The selling price of Product X is $40 per unit, and variable expenses are $32 per unit. A study has been made concerning whether Product X should be discontinued. The study shows that $70,000 of the $120,000 in monthly fixed expenses charged to Product X would not be avoidable even if the product was discontinued. If Product X is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
A. ($40,000) B. $30,000 C. ($30,000) D. $40,000
Gretchen has just started as a fashion marketing intern for an up-and-coming design firm. She expected to immediately begin implementing the four Ps she had learned about in class. Instead, she was asked to work on a project identifying important events where celebrities might wear the fashions. Gretchen soon realized that this activity was part of ________, directly related to marketing.
A. press release development B. public relations C. cause-related marketing D. sales promotions E. a push-pull strategy
Being a small-business owner means that you will never have to take on the role of finance manager, marketing manager or accountant
Indicate whether the statement is true or false
If a country is willing to join a treaty but has an exception to the terms of the treaty, the exception is called a(n):
A) ratification B) signatory. C) reservation. D) abrogation.