One of Britain's largest children's hospitals working with a Ferrari racing team is an example of:
A) internal benchmarking.
B) external benchmarking.
C) Taguchi concepts.
D) employee empowerment.
E) corporate responsibility.
B
Business
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Harry Sprague makes custom bowling balls. His fixed cost is $255,000, variable cost is $45.50, and selling price is $55.50. To what value must he reduce his variable cost if he wants a break-even point of 10,000 units?
A) $39 B) $37 C) $35 D) $30 E) None of the above
Business
If the U.S. dollar currently buys more Brazilian goods than the Brazilian real buys American goods,
A) purchasing power parity holds at this moment. B) the real should appreciate. C) the dollar should appreciate. D) Brazilian prices should fall. E) U.S. prices should rise.
Business