Firms often use a _____ when they manufacture goods that are relatively standardized and manufactured in large volumes.
A. process layout
B. product layout
C. functional layout
D. fixed position layout
Answer: B
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Use the incomplete stockholders' equity section of Box Company's balance sheet as of December 31, 2015, to answer the following question. Common stock, $7 par, 100,000 shares authorized $ 700,000 Additional paidin capital—common 160,000 Retained earnings ? Treasury stock (2,000 shares at cost) (16,000) Total stockholders' equity 974,000 How many shares of common stock are outstanding?
a. 100,000 b. 98,000 c. 78,000 d. 68,000
Why is the concept of "Adjusted Gross Income (AGI)" important?
What will be an ideal response?
Which of the following industries would you expect to have, on average, high asset turnover and low profit margin?
a. Hotels b. Grocery stores c. Utilities d. Oil and Gas extraction
Mark’s company was always proactive to anticipate changes with their ethical environment. This suggests that Mark is working for which kind of organization?
A. ethically decoupled B. ethically transformed C. missional D. insular