Which of the following is characteristic of the products/services that are best suited for short
distribution channels?
A) The products are configured to suit a particular purpose.
B) All customers get the same item.
C) The products are sold to a mass market.
D) The product is not susceptible to breakage or spoilage.
A
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Three measures of profitability for a firm engaging in operations selling merchandise in its stores, to generate net income are: (1) Rate of return on assets, (2) Rate of return on common shareholders' equity, and (3) Earnings per share of common stock
Indicate whether the statement is true or false
Which method of measuring costs associated with production is more widely used in practice?
A) Normal Costing B) Actual Costing C) Both are used equally. D) Neither one is used. E) cannot be determined
Which of the following is not a characteristic of a project?
a. Projects are unique. b. Projects are limited by resources. c. Projects address customer needs. d. Goals in projects evolve as the project progresses.
Which of the following statements is true?
A. Until a few decades ago, the external environment changed more rapidly than organizations. B. Until a few decades ago, organizations changed more rapidly than the external environment. C. The external environment now changes more rapidly than organizations do. D. All of these are false.