The desire to own something and the ability and willingness to pay for it

As the strategic manager of CutRite Scissors, you are tasked with producing a strategy for introducing a new line of premium scissors. Your competitor produces a line of similar scissors at a cost of $1 and sells them for $12.

Research published in Personnel Psychology shows that older workers are slightly more willing to implement organizational changes than younger workers.

Units in process, Dec. 1 (60 percent converted) 2,000 units Units in process, Dec. 31 (50 percent converted) 1,000 units Units started during the month 7,500 units Materials are added at the beginning of the process.

A company wishes to earn a pretax income equal to 35% of total fixed costs. its product sells for $50.75 per unit. total fixed costs equal $156,800 and variable costs per unit are $32.50.

The lloyd company uses a process costing system. there were no units in beginning work in process, 1,400 were started and 1,000 units were completed and transferred out.

An advertiser enables target cost-per-acquisition (cpa) bidding and notices that conversions decrease. what might cause this?

A trigger strategy is a strategy that: A. is not relevant to oligopolies. B. determines when to enter an industry. C. depends on an opponent's past decisions. D. tells a business to leave the industry because the price is below the AVC.

What is the effect on the supply curve for skateboards if the government implements a tax on the manufacturing process?

Cost of goods sold is: an asset account. a revenue account. an expense account. a permanent equity account.

Markup represents an amount needed to cover operating expenses. a. True b. False