Characteristics of ideal standards include all of the following except:
a. They generally give rise to unfavorable variances.
b. They may cause personnel to become discouraged.
c. They take into account normal waste and spoilage.
d. They provide a maximum objective for which to strive to improve efficiency.
c
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Shocks are transmitted internationally by all of the following mechanisms EXCEPT by
A. trade effects. B. interest-rate effects. C. exchange-rate effects. D. expected-inflation effects.
The ________ provides that the Sherman Act shall not apply to nonimport trade unless the conduct has a direct, substantial, and reasonably foreseeable effect on trade or commerce within the United States, on the U.S. import trade, or on the activities of U.S. exporters.
A. Foreign Trade Antitrust Improvement Act B. Clayton Act C. Robinson-Patman Act D. Noerr Doctrine
In a deductive message, the most important information should be
a. placed at the very end of the message. b. placed at the beginning of the message. c. placed in the middle of the message. d. placed in all sections of the message.
Answer the following statement(s) true (T) or false (F)
1. Collective bargaining usually negotiates common employment conditions such as compensation, hours, and working conditions. 2. Union contracts do not contain grievance procedures. 3. Unions can be decertified through an election process.