What is the maximum value of the Lerner index?

A) Infinity
B) 100
C) Two
D) One

Organizational behaviour is interested in

A) the attitudes of individuals and groups in organizations.
B) the behaviours of individuals and groups in organizations.
C) the structure of organizations.
D) the formation of groups in organizations.
E) all of the above.

Conducting a competitor analysis most likely enables firms to ________.

A) construct appropriate strategies
B) develop tactical budgets
C) assess customer needs
D) determine new trends

Rapidly developing products and moving them to the market is referred to as ________.

A business that cannot provide scientific evidence to support its marketing claims may be held liable for deceptive advertising.

The Marlow Corporation uses a standard cost system and applies manufacturing overhead to products on the basis of standard direct labor-hours.The denominator activity is set at 40,000 direct labor-hours per year.Budgeted fixed manufacturing overhead cost is $40,000 per year, and 0.5 direct labor-hours are required to manufacture one unit.The standard cost card would indicate fixed manufacturing overhead cost per unit to be:

A) $1.00
B) $2.00
C) $1.50
D) $0.50