Which statement regarding gift giving is incorrect?
a. In Korea, business gifts are usually given at the beginning of formal negotiations.
b. Avoid giving gifts to the French until a personal relationship has been developed.
c. A striped tie is an appropriate gift for a British man.
d. If you admire a personal possession of an Islamic host, you will probably receive the item admired.
C
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ANOVA and ANCOVA include one independent variable and t tests include more than one independent variable
Indicate whether the statement is true or false
Which of the following is true of a good marketing information system?
A) It focuses solely on maximizing the amount of data generated irrespective of relevance. B) It typically uses only external sources of data in marketing research. C) It balances the information that a firm would like to have against what they really need. D) It develops a way of offering information about future plans of action that might not be very feasible or cost-effective. E) It eliminates the time-consuming task of assessing the information needs of a firm.
A firm produces and sells two products, Plus and Max. The following information is available relating to setup costs (a part of factory overhead): Plus Max Units produced 200 16,000 Batch size (units) 10 400 Number of setups 20 40 Direct labor hours per unit 5 5 Total direct labor hours 1,000 80,000 Cost per setup$1,080 Total setup cost$64,800 Using direct labor hours as the allocation base, the setup cost portion of overhead that is allocated to each unit of product for Plus and Max, respectively is:
A. $4.00; $4.00. B. $160.00; $12,800.00. C. $3.20; $3.20. D. $.80; $.80. E. $200.00; $16,000.00.
Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints--except the nonnegativity constraints of the decision variables--should be set as an equal to (=) sign in the Excel Solver dialogue.) At the optimum solution, the number of units shipped from Green Bay to Richmond is ______.
A. 527
B. 586
C. 243
D. 433