Sales mix is a measure of the percentage increase in sales from period to period.

a. True

b. False

Which of the following is generally found in most lean environments? a. a push or pull system, depending upon the rate of demand. b. a push system for high margin items and a pull system for low margin items. c.

What is a written description of a new business venture that describes all aspects of the business?

Kevin Price has been one of Shirley Jones' clients for twenty years before he retired and moved away. Kevin has decided to mail his tax information to Shirley at the office to get his return completed.

A process that involves examining all elements of a component, assembly, endproduct, or service to make sure it fulfills its intended function at the lowest totalcost is:C) Prototypes can begin before product characteristics are finalized.

Carolina Biological Supply Company sells science instructional materials. It wants to grow beyond the current customer base and identify potential markets besides the public education systems.

Behavioral economist Richard Thaler has studied several examples of how businesses make use of inconsistencies in consumer decision-making.

Linda underpaid her taxes for the current year by $4,000 due to negligence. a. Calculate Linda's accuracy-related penalty for negligence. $ b.

A retired person with $200,000 to invest states that "current income" is her main investment objective. Which of the following would be most suitable? (A) High yield bonds and growth stocks (B) Municipal bonds, U. S.

How do compliments and substitutes affect demand?

Non-trade receivables should be reported separately from trade receivables. Why is this statement either true or false? A) It is true because trade receivables are current assets and non-trade receivables are long term.