To arrive at a target cost, the target selling price and a satisfactory profit margin are added together

Indicate whether the statement is true or false.

FALSE

Business

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_____ means that managers do not have enough information about the surroundings needed to understand or predict the future.

A. Competitive intelligence B. Environmental uncertainty C. Minimization D. Disinformation E. Observational inadequacy

Business

The reserved quantity will be affected by the difference in margin between the spot market and the bulk sale, but not the distribution of demand from the spot market

Indicate whether the statement is true or false.

Business