Decision making in a small batch organization is best described as
A. decentralized.
B. rigid.
C. regulated.
D. inorganic.
E. hierarchical.
Answer: A
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A company's total cost of FIFO inventory was $329,000 and its current replacement cost is $307,000. Under the lower cost or market, the amount reported should be $329,000.
Answer the following statement true (T) or false (F)
Mason bought a rotisserie in preparation for a party he was planning. When he put a chicken on the rotisserie, it would not rotate, but stayed in one position where it burned the chicken on one side and left it raw on the other. When he returned the rotisserie to the store, the salesperson disclaimed any responsibility because he had never told Mason the rotisserie would rotate the food as it
cooked. Does Mason have any recourse? a. No, the salesperson did not make any express warranties. b. Yes, the salesperson made an express warranty just by selling the goods. c. Yes, although the salesperson did not make any express warranties, the UCC imposes an express warranty on the sale. d. Yes, although the salesperson did not make any express warranties, the UCC imposes an implied warranty of merchantability under which the rotisserie is guaranteed to be fit for the ordinary purposes for which it is used.
NaxWell Corp. sells a smart wristband that, apart from monitoring heart rate and blood pressure, also reminds users to stand and walk every half hour. As part of its promotional efforts, a celebrity starts wearing the wristband, thereby increasing its popularity and ease of sale. Which of the following is most likely to happen?
A. NaxWell is likely to lower its executive compensation in order to increase stock price. B. NaxWell will hire only contingent workers. C. NaxWell is likely to increase base salaries and decrease incentives. D. NaxWell will set lower sales targets for its employees.
_____ is the process of translating a verbal statement of a problem into a mathematical statement
a. Problem-solving approach b. Data preparation c. Data structuring d. Problem formulation