The success of empowerment programs depends on an organization’s willingness to:
a. Remove all power from top management
b. Dismantle teams so that individuals have more responsibility
c. Share information with its employees
d. Reward its employees for increased responsibilities
c. Share information with its employees
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Which of the following formulas is used to calculate the cost per equivalent unit of production (EUP) for direct materials? The weighted-average method is used.
A) Cost per EUP for direct materials = Total conversion costs / Equivalent units of production for direct materials B) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for direct materials C) Cost per EUP for direct materials = Total transferred in costs / Equivalent units for transferred in D) Cost per EUP for direct materials = Total direct materials costs / Equivalent units of production for conversion costs
Which of the following is a way that a business model will lend value?
a. by explaining how revenue will be obtained b. by explaining how profits will be made c. by explaining how the company will serve customers in new markets d. by describing the elements of the financial forecast
Which of the following statements accurately brings out the difference between advertising and publicity?
A. Advertising utilizes paid media, whereas publicity relies on unpaid media. B. While advertising is primarily aimed at business customers, publicity is typically aimed at final consumers. C. While the Federal Trade Commission (FTC) can regulate a firm's publicity efforts, it cannot regulate its advertising campaigns. D. For most promotion objectives, advertising offers a lower cost and a more effective approach than publicity. E. Advertising depends on owned media, whereas publicity depends on earned media.
A firm will set its dividend policy high enough so that it can continually meet the distribution level of the cash dividend in spite of variances in cash inflow from operations and in cash outflows for maintenance and investing
Indicate whether the statement is true or false.