An MDI of 62 indicates that the market has many potential customers who for various reasons have not entered it

Indicate whether the statement is true or false

TRUE

Business

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In order to control compensation costs, administrators of merit pay programs must closely monitor the compa-ratio and the:

A. number of pay grades in the pay structure. B. an individual's performance ratings. C. number of new hires in the company. D. company's stock price in the financial year. E. average pay of the area where the organization is functioning.

Business

Which one of the following statements concerning the economic order quantity (EOQ) model is TRUE?

A) An increase in holding cost will increase the EOQ. B) A decrease in demand will increase the EOQ. C) A decrease in holding cost will increase the EOQ. D) None of the above is true.

Business