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In marketing research, a firm might consider using secondary data
because?
a. secondary data costs less
b. secondary data is more accurate
c. primary data are not specific
d. primary data are likely outdated - 🧠 ANSWER ✔✔a. Secondary data
costs less
In organizational decision-making, managers are able to exercise the
greatest degree of discretion in the?
,a. enforcement of internal policies
b. settlement of legal disputes
c. restructuring of outstanding loans
d. compliance with federal regulations - 🧠 ANSWER ✔✔a. Enforcement of
internal policies
The term "net working capital" refer to:
a. inventories, receivables and current notes & investments
b. assets divided by liabilities
c. current assets less (-) short term liabilities
d. net assets left over after subtracting cost of goods sold (COGS) - 🧠
ANSWER ✔✔c. current assets less (-) short term liabilities
Dreamland Pillows: Q4: How many pillows must dreamland produce and
sell each month to earn a gross profit of $1000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of labor =$4. Fixed cost
$6000)
, a. 300
b. 350
c. 600
d. 700 - 🧠 ANSWER ✔✔700
(20x)-(6x+4x+6000)=1000
Dreamland Pillows. Q5: Another firm can produce pillows and sell them to
Dreamland for $12 each. They can avoid labor costs, how many pillows
must they sell to make a net profit of $1,000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of labor =$4. Fixed cost
$6000 (supervisory cost 2000, factory cost 4,000)
a. 417
b. 500
c. 625
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