Exam Paper Questions and Answers Verified Answers BEST FOR 2024 EXAM
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Course
NR 222
Institution
NR 222
Exam Paper Questions and Answers (Verified Answers) BEST FOR 2024 EXAM
Which of the following is NOT a strategic alternative to laying off employees?
KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar chee...
Exam Paper Questions and Answers (Verified
Answers) BEST FOR 2024 EXAM
1). Which of the following is not a strategic alternative to laying off employees?
Ans: implementing a restricted hiring policy
downsizing the workforce
lowering employment standards
mandating reduced hours
Lowering Employment Standards
2). Kj built his taco truck out of $75,000,000 worth of titanium and duct tape. he uses $10.25 of
organic bok choy, $6.75 of wisconsin cheddar cheese, and $25.25 of foie gras in each taco.
if he sells tacos at $475 each, what is his break-even quantity?
5). Which one of the following statements is false?
Ans: TC = TFC + TVC
ATC = AFC + AVC
AFC = TFC divided by Q
MC = TC divided by Q
AFC = TFC divided by Q
6). The ratio that explains how efficiently companies use their assets to generate revenue.
Ans: Receivables turnover ratio
Asset turnover ratio
Income ratio
Quick ratio
Asset Turnover Ratio
7). The sum of the squares total (sst)
Ans: measures the total variability in X about the mean.
measures the total variability in Y about the mean.
measures the variability in X about the regression line.
measures the variability in Y about the regression line.
Measures the variability in Y about the regression line.
8). This strategy sacrifices responsiveness to local markets in favor of efficiency. microsoft, for
example, offers the same software programs around the world but adjusts the programs to
match local languages.
Ans: Multinational strategy
Global strategy
Transnational strategy
Multidomestic strategy
Global
9). Another time around helps young inner city kids develop products they can make and sell to
earn money for college. what concept best describes this?
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