Which of the following is an example of the focus generic strategy resulting in differentiation?
A) ArcelorMittal specializing in the production of steel
B) Signet Works manufacturing only disposable plastic cups
C) Land Rover specializing in the production of off-road cars
D) Lemon Mobiles concentrating on the production of low-priced mobile phones
C
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During the first year of operations, employees earned vacation pay of $35,000 . The vacations will be taken duringthe second year. The vacation pay expense should be recorded in the second year as the vacations are taken bythe employees
a. True b. False Indicate whether the statement is true or false
The Norran Company needs 15,000 units of a certain part to use in its production cycle. If Norran buys the part from Waterloo Company instead of making it, Norran could not use the released facilities in another activity; thus, all of the fixed overhead applied will continue regardless of what decision is made. Accounting records provide the following data: Cost to Norran to make the part: Direct
materials, $3 Direct labor, $12 Variable overhead, $13 Fixed overhead applied, $8 Cost to buy the part from the Waterloo Company, $27 What should Norran's decision be, and what is the total cost savings that would result? a. Buy, $90,000 b. Buy, $15,000 c. Make, $90,000 d. Make, $15,000
Job satisfaction questionnaires should always ______ to encourage employees to tell the truth.
A. use the faces scale B. be anonymous C. use the job satisfaction survey or a similar test D. be reviewed for bias
Al's Electric Service is an electric contracting company in Metro City. The owner of the company, Al Richards, posted a bond guaranteeing that all work performed by his company will comply with local building codes
This bond is an example of a A) fiduciary bond. B) license and permit bond. C) contract bond. D) judicial bond.