After 15 teams created 128 different phones, Chris Galvin, former CEO of Motorola, eliminated the autonomous teams being used to develop new wireless phones. This was necessary because such teams
A. often lack coordination.
B. never duplicate efforts of the rest of the firm.
C. typically waste the CEOs attention.
D. create efficiencies through duplication of effort.
Answer: A
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Which of the following statements is true regarding "management by exception"?
A) It is rarely used in variance analysis. B) It forces managers to investigate all variances, regardless of size. C) It requires managers to investigate variances that are material in amount. D) It requires managers to calculate standard costs but not actual costs.
You will make an initial presentation to the board of directors of an international company. All members of the board are competent speakers of English as a second language. You should
a. enunciate precisely and speak more slowly than normal. b. speak as you normally would in your own company setting. c. use humor generously to break the ice. d. eliminate body language because it may be offensive.
Large self-service retail stores that emphasize lower margins to get faster turnover-especially on "soft goods"-are called
A. department stores. B. mass-merchandisers. C. convenience food stores. D. single-line stores. E. specialty shops.
The initial outlay calculation for an ____ project normally includes ____
A) asset expansion; pretax proceeds from the sale of the old asset B) asset replacement; pretax proceeds from the sale of the old asset C) asset expansion; after-tax proceeds from the sale of the old asset D) asset replacement; after-tax proceeds from the sale of the old asset