Which of the following is true concerning instant messaging (IM)?
a. Most companies use IM in some way.
b. Special hardware is needed to IM.
c. Spelling and grammar are as important in IM as in email.
d. All of the above are true.
A
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Graham Corporation's budgeted production schedule, by quarters, for the coming year is as follows:
Quarter 1 = 36,500 units Quarter 2 = 33,000 units Quarter 3 = 31,000 units Quarter 4 = 38,000 units Each unit of product requires two pounds of direct material. The company's policy is to begin each quarter with 25% of that quarter's direct materials production requirements. Graham expects to have 64,000 pounds of direct materials on hand at the beginning of Quarter 1. What would be Graham's budgeted direct materials purchases (in pounds) for the third quarter?
Zippy Construction Ltd. has been experiencing extremely tough competition in recent months for its specialty housing components. Fred Farkle, President of Zippy Construction, was reading the latest industry statistics on overall sales of specialty components and noted that revenues had plateaued. It is likely that Mr. Farkle was facing which stage of the product life cycle?
a. maturity b. introduction c. growth d. decay