Frito-Lay,a Division of PepsiCo,manufactures,markets and Distributes a Variety of Snack

question 98

Multiple Choice

Frito-Lay,a division of PepsiCo,manufactures,markets and distributes a variety of snack foods,including Fritos corn chips,Lay's potato chips,Cheetos cheese snacks,Doritos tortilla chips,and Quaker Chewy granola bars,just to name the most familiar products.Which of the following costs for Frito-Lay are sunk costs:
1) Commission payments to Frito-Lay sales representatives.
2) All the costs associated with winning approval by the FDA to advertise Frito-Lay's new cheese popcorn snack as a probiotic nutritional supplement.
3) Labor cost for installing two new plasma technology baking ovens at the St.Louis production plant.
4) Legal fees incurred in winning an antitrust lawsuit filed by rival company R.W.Garcia,who sued Frito-Lay for illegal price fixing of flax seed chips.

• A)1
• B)1 and 3
• C)3 and 4
• D)2,3 and 4
• E)1,2,and 4

Identify and explain the purposes of basic statistical tests (e.g., chi-square test).

Understand how to calculate and interpret z-scores.

Understand the role of variance and standard deviation in quantifying data variability.

Recognize the purpose and methods of dealing with anomalous data.

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Definitions:

Returns

In a financial context, the profit or loss derived from an investment over a specified period of time, often expressed as a percentage of the investment's initial cost.

Ideas and Deeds

Refers to the conceptual and action-oriented aspects of initiatives or tasks, emphasizing the importance of both innovative thinking and practical implementation in achieving goals.

Fear and Force

Applies to methods of control or influence based on inducing fear or the application of coercion, often seen as negative leadership or management tactics.

Performance Standards

The expected levels of performance and achievements for a task, role, or activity within an organization.