If the cost of raw material was less than budgeted, you have a(n) __________________.
a. Unfavorable variance
b. Unavoidable variance
c. Favorable variance
d. Either; it depends on what your sales were
Answer: c. Favorable variance
Business
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A decision rule often employed by organizations is satisficing, which means that when the buying center has identified the best possible solution, it is chosen and the search is complete
Indicate whether the statement is true or false
Business
Which of the following is not a primary benefit of collaborating with a family conglomerate?
A) develop local contacts B) prevent intellectual property theft C) market access D) government access
Business