A document that justifies the investment of internal, organizational resources in a specific application or project best defines

A) business case.
B) initial feasibility study.
C) business plan.
D) project plan.

A

Business

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A company produces 1,000 packages of chicken feed per month

The sales price is $6 per pack. Variable cost is $1.50 per unit, and fixed costs are $1,600 per month. Management is considering adding a vitamin supplement to improve the value of the product. The variable cost will increase from $1.50 to $2.50 per unit, but there will be no change in fixed costs. The company will price the new product at $4.50 to compete with other products. How will this affect operating income? A) Operating income will decrease by $2,500 per month. B) Operating income will increase by $2,500 per month. C) Operating income will decrease by $1,600 per month. D) Operating income will remain unchanged.

Business

The final step in the 6-step sales presentation plan is closing the sale

Indicate whether the statement is true or false

Business