Strong linkages to customers and suppliers decrease switching costs

Jetz, Inc. manufactures water bottles for children. Similar water bottles are available in the market for $8.00. Jetz desires a 24% net profit margin. Jetz's target cost is ________. (Round your answer to the nearest cent.)

A) $6.08 B) $9.92 C) $8.00 D) $1.92

Which of the following statements represents a strategy that is desirable for making effective teams?

A) Combining people with extremely high and extremely low abilities helps make a balanced team. B) Individuals should ideally have one role in a team as multiple roles reduce their effectiveness and efficiency. C) Diversity should be avoided as diverse teams involve a lot of conflict in day-to-day functioning. D) If a natural work unit is larger, its size must be maintained for the nature of the job requires large teams. E) The preference of individual members to work as a part of groups must be considered when forming teams.