Last year, Perkins Company spent $25,000 on employee training to improve customer service. The cost and time spent on training is considered a(n) ________.
A) opportunity cost
B) sunk cost
C) relevant cost
D) avoidable costs
B) sunk cost
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In the United States, coins are produced by ____ and distributed around the country by ____.
A. the U.S. Mint; the Federal Reserve. B. the Bureau of Engraving and Printing; the Treasury Department. C. the U.S. Mint; the Treasury Department. D. the Bureau of Engraving and Printing; the Federal Reserve.
Porsche is a German automobile manufacturer that competes against BMW and Audi, but only in the sports car and SUV segments of the automobile market. Porsche utilizes a(n) ________ strategy
A) overall cost leadership B) focus C) middle-of-the-roaders D) market segmentation E) blue ocean
An activity-based budgetary approach can be used to emphasize cost reduction and process management
Indicate whether the statement is true or false
In contrast to a message's general purpose, the specific purpose
A) identifies the specific needs of the primary and secondary audiences you want to reach. B) defines the specific information you can offer as persuasive evidence. C) includes background details that enhance your credibility as the writer. D) serves as a starting point for mind-mapping the format of a specific message. E) is sufficiently clear-cut to guide your decisions about content and organization.