Which of the following statements is true of the environmental forces that affect strategy formulation?
A) Socialist economic systems normally levy light taxes on business profits.
B) Countries that excessively spend on R&D tend to have lower levels of prosperity.
C) Approval of the host government is almost always necessary for making direct investments.
D) Free-market economies tend to levy high taxes on business profits.
C
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Jennings Company manufactures ceiling fans and uses an activity-based costing system
Each ceiling fan has 20 separate parts. The direct materials cost is $85 and each ceiling fan requires 2.50 hours of machine time to manufacture. Additional information is as follows: Activity Allocation Base Predetermined Overhead Allocation Rate Materials handling Number of parts $ 0.04 Machining Machine hours 7.60 Assembling Number of parts 0.40 Packaging Number of finished units 3.90 What is the total manufacturing cost per ceiling fan? (Round any intermediate calculations and your final answer to the nearest cent.) A) $97.70 B) $104.80 C) $112.80 D) $116.70
Orienting and motivating customer-contact employees to work as a team to provide customer satisfaction is known as social marketing
Indicate whether the statement is true or false