Ridgeway Sand & Gravel Corporation and Quick-Set Paving Company combine so that all that remains after the papers have been signed is Ridgeway. This is
A. a consolidation.
B. a merger.
C. a purchase of assets.
D. a share exchange.
Answer: B
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In the context of teams, ________ have no managerial responsibilities.
A. traditional work groups B. autonomous work groups C. self-designing teams D. semiautonomous work groups E. self-managed teams
In 2001, Nike admitted that it used child labor to produce its expensive sportswear products, while paying the children just pennies a day. This is an example of ______.
A. creating economic value in the short run B. being a conscientious corporate citizen C. being socially responsible D. following a sustainable manufacturing practice
When the rating on a few traits affects the employee's rating on the remainder of the appraisal form, the rating error that is present is
A. Halo/horns effect. B. Discrimination. C. Influence of recent performance. D. Bias.
The third step in Theory of Constraints application, "subordinate all other decisions to Step 2," means that the analyst should:
A) wait for authorization before proceeding with any system-wide changes. B) schedule non-bottleneck resources to support the bottleneck schedule. C) seek to increase capacity of only the bottleneck resources. D) seek to increase capacity of both the bottleneck and non-bottleneck resources.