Input price risk and output price risk are both a form of commodity price risk

A company produces 200 microwave ovens per month, each of which includes one electrical circuit

The company currently manufactures the circuits in-house but is considering outsourcing the circuits at a contract cost of $30 each. Currently, the cost of producing circuits in-house includes variable costs of $24 per circuit and fixed costs of $12,000 per month. Assume the company could cut fixed costs in half by outsourcing and that there is no alternative use for the facilities presently being used to make circuits. If the company outsources, operating income will ________. A) increase by $4,800 B) decrease by $4,800 C) decrease by $1,200 D) stay the same

Your marketing department is attempting to improve strategic decision making, track competitors' actions, and provide early warning of opportunities and threats

To achieve this goal, which of the following would be the best for your department to use? A) internal databases B) external databases only C) company reports only D) marketing intelligence E) the Internet