A retailer with high seasonality can best reduce its labor costs in the peak season through _____
a. job standardization
b. carefully screening employees
c. developing employee performance standards
d. cross-training and developing self-service options for consumers
d
Business
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The floor to be used in applying the lower-of-cost-or-market method to inventory is determined as the
a. net realizable value. b. net realizable value less normal profit margin. c. replacement cost. d. selling price less costs of completion and disposal.
Business
A disadvantage of the euro is that the development of a pan-European, euro-denominated capital market will decrease the range of investment options open to both individuals and institutions
Indicate whether the statement is true or false.
Business