Downsizing is the most common form of restructuring.
Answer the following statement true (T) or false (F)
True
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To illustrate how your department's budget will be distributed by percentage and type of expense, you should use
A) an organizational chart. B) a table. C) a pie chart. D) a line chart. E) a flow chart.
In a marketing information system (MIS), data flows through the organization from internal company data, competitive intelligence, and
A. customer insights. B. mathematical modeling. C. marketing research. D. statistical models.
Marketing managers have several choices in selecting a targeting strategy. Kristin Minks is a marketing manager with a craft bourbon distiller in Kentucky and knows that there are many different types of bourbon drinkers. However, she concentrates her marketing on the enthusiast or high-involved bourbon drinker who often enjoys a bourbon beverage before or after dinner, reads magazines to keep up with the craft bourbon industry, and is a member of their e-mail list and subscriber to the company's blog. Kristin knows that this segment of bourbon drinkers will consume more bourbon, be more likely to engage in positive word-of-mouth about the brand, and will also be more likely to purchase accessories such as glassware or T-shirts. Kristin is most likely utilizing the _____ targeting
strategy, employing just one marketing mix and focusing on one target market segment. A. differentiated B. undifferentiated C. homogeneous D. concentrated
Lezo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on 40,000 machine-hours, total fixed manufacturing overhead cost of $136,000, and a variable manufacturing overhead rate of $2.90 per machine-hour. Job A290, which was for 60 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:?Total machine-hours300?Direct materials$585?Direct labor cost$7,200Required:a. Calculate the estimated total manufacturing overhead for the year.b. Calculate the predetermined overhead rate for the year.c. Calculate the amount of overhead applied to Job A290.d. Calculate the total job cost for Job A290.
What will be an ideal response?