Which of the following best supports the ability to make informed decisions when operating a business?
A) external data
B) customer preference data
C) internal business data
D) information
E) physical data
Answer: D
Explanation: D) Data are raw facts and figures that may not be helpful when making business decisions. Information is data that has been summarized or otherwise manipulated for use in decision making.
Business
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One advantage of personal selling is:
A) success is not measured just by sales volume but also by customer satisfaction. B) top sales people use an indirect approach to close the deal. C) the sales person knows what the company wants and works for company's perspective. D) All of the above
Business
Direct materials cost combined with manufacturing overhead cost is known as conversion cost
Indicate whether the statement is true or false
Business