Which one of the following conditions favors a level strategy for manufacturing firms?
A) high availability of workers
B) short shelf life of inventory
C) highly automated equipment and a make-to-stock strategy
D) high inventory-holding cost
C
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The financial statement that summarized a firm's accounting value as part of a particular date is called the:
a. income statement b. cash flow statement c. liquidity position d. balance sheet e. periodic operating statement
Many families with children are now attracted to the shopping district in Forest Ridge. What characteristics about families as consumer groups might the owners of The Attic Trunk want to keep in mind?
A) Though more women hold jobs outside the home today than when The Attic Trunk first opened, husband-wife involvement in the buying process has remained relatively unchanged. B) Children have considerable amounts of disposable income and have a strong influence on family buying decisions. C) Women seldom account for any technology-related purchases. D) Women typically account for most habitual purchases. E) Men make all the major purchasing decisions in most families.