State the following statements are True or False. State the reason for your answer. Each question
carries 2 marks.
1. Labour intensive production means firms hire more people than any other factor of production. It is the
value (amount) spent that is measured.
Reason:
2. Poor quality means that a firm's prices are higher than the industry average.
Reason:
3. Quality means that a product is high-class and one of the best in its industry, such as Rolls Royce cars or
Rolex watches.
Reason:...
4. The location decision is irreversible.
.
Reason:..
Answers: 2
Business, 21.06.2019 19:10
Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a āgoodā stretch goal and a ābadā one that is unrealistic?
Answers: 1
Business, 21.06.2019 22:40
Gyou plan to deposit $1,700 per year for 5 years into a money market account with an annual return of 2%. you plan to make your first deposit one year from today. what amount will be in your account at the end of 5 years? round your answer to the nearest cent. do not round intermediate calculations. $ assume that your deposits will begin today. what amount will be in your account after 5 years? round your answer to the nearest cent. do not round intermediate calculations.
Answers: 2
Business, 22.06.2019 11:00
When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. creating a unified promotional message, where potential customers perceive the same message, whether it is in a tv commercial, or on a billboard, or in a blog, is called
Answers: 2
Business, 22.06.2019 15:30
The school cafeteria can make pizza for approximately $0.30 a slice. the cost of kitchen use and cafeteria staff runs about $200 per day. the pizza den nearby will deliver whole pizzas for $9.00 each. the cafeteria staff cuts the pizza into eight slices and serves them in the usual cafeteria line. with no cooking duties, the staff can be reduced by half, for a fixed cost of $75 per day. should the school cafeteria make or buy its pizzas?
Answers: 3
State the following statements are True or False. State the reason for your answer. Each question
c...
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