After a company earns ISO certification, a registrar visits the company to ensure continued quality. What kind of warning does the company receive before these visits?
A) 1 month warning
B) 1 week warning
C) 3 day warning
D) 24 hour warning
E) no warning
E
Explanation: E) After certification, the registrar returns to the company twice a year to make sure the company is still in compliance with ISO standards. These spot-checks are conducted without advance warning, and the registrar focuses on areas that were notably weak during the initial assessment.
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Brislin Products has a new product going on the market next year. The following data are projections for production and sales:
Variable costs $250,000 Fixed costs $450,000 ROI 14% Investment $2,000,000 Sales 200,000 units What would the markup percentage be if only 150,000 units were sold and Brislin still wanted to earn the desired ROI? a) 32.95% b) 53.33% c) 44.00% d) 35.0%
A high level of investment is needed to sustain growth during which retail life cycle stage?
a. decline b. introduction c. accelerated development d. maturity