Firms with high foreign sales and highly diverse product lines frequently use a matrix structure

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Palmer Enterprises has a net marketing contribution of $60 million. Its general and administrative expenses and other operating expenses are $20 million and $15 million, respectively. Calculate its operating income

A) $95 million B) $75 million C) $45 million D) $40 million E) $25 million

Business

The major advantage of a telephone call over written correspondence is that:

A) it is cheaper B) less time is involved C) it offers spontaneity D) the buyer is a "captive audience" E) two-way communication is involved

Business