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1. A budget is a single-use financial plan that covers a specified length of time.
a. true
b. false
2. The next step in the human resource planning process, after taking a human resource inventory, is determining net human resource requirements.
3. The jury of executive opinion of forecasting predicts future sales levels primarily by asking appropriate salespeople to give their opinions on what will happen to sales in the future.
4. In considering selection of a site for a plant, one question an organization should ask is about the adequacy of housing and schools around potential sites.
A company is considering producing a gear assembly that it now purchases from a supplier. The supplier charges $4 per unit, with an additional one-time payment of $10,000 units. The company estimates that it will cost $15,000 to set up the process an..
Reflect on a professional/personal situation you have experienced by going through the Action-Observation-Reflection (AOR) model (as described in Chapter 2). What was the situation? What was the action? What did you do? What happened? What were the r..
A marketing channel usually consists of at least one independent organization that another organization depends on to perform certain tasks well. Assume that you are the manger of a manufacturing firm that depends on a large retailer to reach your ta..
The manager of a car wash must decide whether to have one or two wash lines. One line will mean a fixed cost of $6,000 a month, and two lines will mean a fixed cost of $9,000 a month. Would you recommend one or two lines? The car wash is open 280 hou..
ABC sells no-spill syrup in bottles. Management is evaluating four different machines with standard deviations of .006, .01, .022, and .04 ounces for Machines A, B, C, and D, respectively. The specification limit is s 11.95 and 12.05 ounces. Which ma..
Give an example of a time when social influencers affected your buying decision. Give an example of a time when individual influencers affected your buying decision. Give an example of a time when psychological influencers affected your buying decisi..
assume now that CarWash had been using the regression model in forecasting. What would you conclude about its performance? Show details for updated MAD calculations
On “bring your daughter to work” day at Zorco Corporation not only did Sandy Serinka bring her ten year old daughter Sarah to work, but KCN installed Zorco’s new computer system. After installation, when Sandy attempted to adjust the monitor connecte..
Kilgore’s Deli is a small delicatessen located near a major university. Kilgore’s does a large walk-in carry-out lunch business. The deli offers two luncheon chili specials, Wimpy and Dial 911. What is the shadow price for special sauce’? Interpret t..
Examine your state’s policy on employment-at-will. Analyze at least one (1) real-world example of an employee or employer utilizing your state’s employment-at-will doctrine in the last five (5) years. Include a summary of the main issue and outcome i..
According to Michael Porter, what are the five competitive forces that create vital opportunities and threats for organizations? Which force do you feel is most important in the computer industry today? Why?
the regional administration office of a company was hastily set up. victor dcuhna a young executive was directly
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