If McDonald’s decided to merge with a large trucking organization in order to facilitate distribution of products it would be a/an:
a. acquisition
b. conglomerate merger
c. vertical merger
d. horizontal merger
e. joint venture
c. vertical merger
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Firms can expect that proper use of a valid vendor file will result in all of the following benefits except
a. Purchases from unapproved vendors will be prevented. b. Purchases from fictitious vendors will be detected. c. The most competitive price will be obtained. d. The risk of purchasing agents receiving kickbacks and bribes will be reduced.
Which of the following terms best identifies the function of standard costs where any deviation from standards can be quickly detected and responsibility pinpointed so appropriate action may be taken?
a. Management by exception b. Contribution approach c. Marginal costing d. Standardized accounting system
The stages of Kurt Lewin's change model include all of the following except
A. refreezing. B. unfreezing. C. moving. D. bridging.
During surgery, surgeons make quick decisions knowing the consequences of a wrong one. They are most likely to feel stress due to _____ demands.
A. task B. physical C. role D. interpersonal E. creative