Period vs product costs - Study guides, Class notes & Summaries

Amanda is measuring the temperature. She looks at the thermometer and sees that it is somewhere between 65 and 66 degrees Fahrenheit. She is okay with the temperature in between two integers because she knows temperature is not ________ data, but temperature is _________ data.  a) Nominal, Ordinal  b) Nominal, Discrete  c) Continuous, Discrete  d) Discrete, Continuous Feedback: The correct answer is D. Temperature is not a measure that comes in increments (discrete) but is co...

Value - ANSWER Perceived Benefits/Price Value Pricing - ANSWER The practice of simultaneously increasing product and service benefits and maintaining or decreasing price Costs - ANSWER Psychological Temporal Monetary Psychological Costs - ANSWER Mental Energy and stress involved in making purchases and accepting product risks Temporal Costs - ANSWER Time spent purchasing products and services Monetary Costs - ANSWER Money spent to receive products and services Benefits - ANSW...

Construction Management 3014 Virginia Tech Exam 1 Already Passed construction industry vs. manufacturing manufacturing produces products and then sells. construction starts with a customer need and the product is built to fill the need. sectors of construction industry (4) infrastructure, commercial, residential, industrial main players in construction project (3) owner, designer, constructor stages of construction lifecycle 1)need 2)programming 3)schematic design 4)detailed d...

ISDS 3001 Final Exam Questions with Correct A Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors. T/F - Answer-True A fast-food retailer that acquired a spice manufacturer would be practicing backward integration. T/F - Answer-True What is the practice of keeping a product generic as long as possible before customizing? A.backward integration B.vendor-managed inventory C.forward integration D.keiretsu E.postponement - Answer-D. P...

NCSU MIE 201 Finalretailer’s vs wholesalers - correct answer wholesalers sell to other organizations retailers sell for personal use third party logistics - correct answer an outsourcing trend where firms aid organizations with supply chain management (order fulfillment, product repair, customer service) effective social media strategies - correct answer combines word of mouth with communication technologies strategy must develop a cost effective media mix direct marketing advan...

Chapter 1 – The Science of Nutrition Multiple Choice Answer, level, page Level: K = knowledge, A = application/critical thinking What Do We Mean by “Nutrition”? (pp. 5-8) a A 6 1. Which of the following ingredients in a box of toaster pastries would contribute macronutrients to one’s diet? a. Water, high-fructose corn syrup, egg yolk b. Niacin, folic acid, sucralose c. Riboflavin, salt, sodium benzoate d. Thiamin mononitrate, soybean oil, sugar c K 5 2. The term “n...

BUSM 2024 Final Exam Questions and Answers 100% Verified Product Life Cycle the stages a new product goes through in the marketplace: introduction, growth, maturity, and decline What product had a long introductory period? Electric Cars Best Small School Prospects in the 2022 NFL Draft Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:46 / 0:47 Full screen What car company plans to be all electric or hybrid by 2019? Volvo Long run profits...

NCSU MIE 201 Final retailer’s vs wholesalers - correct answer wholesalers sell to other organizations retailers sell for personal use third party logistics - correct answer an outsourcing trend where firms aid organizations with supply chain management (order fulfillment, product repair, customer service) effective social media strategies - correct answer combines word of mouth with communication technologies strategy must develop a cost effective media mix direct marketing adv...

AAA ratings - Answer The highest possible rating that may be assigned by a credit rating agency for a bond absolute quota - Answer A quota that strictly limits the quantity of goods that may enter a country . Ad valorem tariffs - Answer Import taxes based on a fixed percentage of the assessed commercial value of imported goods algorithms - Answer A process or set of rules to be followed in calculations especially by a computer agility - Answer ability to move quick...

Wall Street Prep Accounting Crash Course Exam 2023 with complete solutions What is Accounting? Accounting is the language of business; it is a standard set of rules for measuring a company's financial performance. Assessing a company's financial performance is important for: The firm's officers (managers and employees) Investors Lenders General public Standard financial statements serve as a "yardstick" of communicating financial performance to the general public. Why is Accounti...