In which type of business environment are price cutting strategies and franchising strategies most appropriate?
In which type of business environment are price cutting strategies and franchising strategies most appropriate?A . Embryonic, focused.B . Fragmented, decline.C . Mature, fragmented.D . Competitive, embryonic.View AnswerAnswer: C
The market price is the most appropriate transfer price to be charged by one department to another in the same organization for a service provided when:
The market price is the most appropriate transfer price to be charged by one department to another in the same organization for a service provided when:A . There is an external market for that service.B . The selling department operates at 50 percent of its capacity.C . The purchasing department...
Which of the following statements pertaining to a market skimming pricing strategy is not true?
Which of the following statements pertaining to a market skimming pricing strategy is not true?A . The strategy is favored when unit costs fall with the increase in units produced.B . The strategy is favored when buyers are relatively insensitive to price increases.C . The strategy is favored when there...
If legal or regulatory standards prohibit conformance with certain parts of The IIA's Standards, the auditor should do which of the following?
If legal or regulatory standards prohibit conformance with certain parts of The IIA's Standards, the auditor should do which of the following?A . Conform with all other parts of The IIA's Standards and provide appropriate disclosures.B . Conform with all other parts of The IIA's Standards; there is no need...
Presented below are partial year-end financial statement data (000 omitted from dollar amounts) for companies A and B:
Presented below are partial year-end financial statement data (000 omitted from dollar amounts) for companies A and B: If company A has a quick ratio of 2:1, then it has an accounts receivable balance of:A . $100B . $200C . $300D . $500View AnswerAnswer: A
An organization is considering mirroring the customer data for one regional center at another center. A disadvantage of such an arrangement would be:
An organization is considering mirroring the customer data for one regional center at another center. A disadvantage of such an arrangement would be:A . Lack of awareness of the state of processing.B . Increased cost and complexity of network traffic.C . Interference of the mirrored data with the original source...
Which of the following is the best reason for considering the acquisition of a nondomestic organization?
Which of the following is the best reason for considering the acquisition of a nondomestic organization?A . Relatively fast market entry.B . Improved cash flow of the acquiring organization.C . Increased diversity of corporate culture.D . Opportunity to influence local government policy.View AnswerAnswer: A
Which of the following is not a method for implementing a new application system?
Which of the following is not a method for implementing a new application system?A . Direct cutover.B . Parallel.C . Pilot.D . Test.View AnswerAnswer: D
Which of the following best describes a market signal?
Which of the following best describes a market signal?A . The bargaining power of buyers is forcing a drop in market prices.B . There is pressure from the competitor's substitute products.C . Strategic analysis by the organization indicates feasibility of expanding to new market niches.D . The competitor announces a...
For an engineering department with a total quality management program, important elements of quality management include all of the following except:
For an engineering department with a total quality management program, important elements of quality management include all of the following except:A . Basing performance evaluations on the number of projects completed.B . Comparing results with those of other engineering departments.C . Creating a quality council within the engineering department.D ....