The simple structure is most widely practiced in small businesses in which ________
A) the manager and owner are one and the same
B) the number of employees is between 100 to 150
C) employees are highly skilled
D) managers are hired directly by the company's owner
E) training budgets are limited
A
Explanation: A) The simple structure is most widely practiced in small businesses in which the manager and owner are one and the same.
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A company sells two products with information as follows
A B Sales price per unit $12.00 $24.00 Variable cost per unit $10.00 $12.00 The products are machine made. Four units of product A can be made with one machine hour and two units of product B can be made with one machine hour. The company has a maximum of 6,000 machine hours available per month. The company can sell up to 18,000 units of product A per month, and up to 3,000 units of product B for the month. What is the optimum product mix to maximize company's operating income? A) 1,500 units of A and 72,000 units of B B) 18,000 units of A and 3,000 units of B C) zero units of A and 3,000 units of B D) 36,000 units of A and zero units of B
Major medical only reimburses for hospital and medical expenses
Indicate whether the statement is true or false