A union is allowed to discipline members for working for wages below union scale
Indicate whether the statement is true or false
TRUE
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A _______ is an organized approach for seeking, gathering, analyzing, and interpreting competitor data, and for disseminating the resulting information to guide decisions
a. competitor analysis system b. competitor intelligence system c. sales potential forecast d. market definition system
You enjoy making cakes and pastries and have decided to open up a small bakery across from campus. You plan on making a variety of baked items, probably a couple of different batches each day since the processes differ for each variety. You recall from
your managerial accounting class that product costing is important and that there are a few different choices in determining product costs. Would product costing be important for a small operation such as this? Why or why not? If you were to use a product costing system, which one would you use and why?
A decertification election is held when an employer does not want the presence of multiple unions in the organization
Indicate whether the statement is true or false
The construction manager for Acme Construction, Inc must decide whether to build single family homes, apartments, or condominiums. This is not a product-mix problem, but an all-or-nothing decision
He will hire workers and rent equipment appropriate for one action only. He estimates annual profits (in thousands of dollars) will vary with population trends as follows: Dwelling type Population steady Population grows slowly Population grows rapidly Single family $100 $90 $70 Apartments 50 170 90 Condominiums -20 100 220 a. If he uses the maximin criterion, which type of dwellings will he choose to build? Show your supporting calculations. b. If he uses the equally likely criterion, which kind of dwellings will he choose to build? Show your supporting calculations. c. If the construction manager were an optimist, what criterion would he choose? What would be the choice of dwelling for that criterion? Show your supporting calculations.