Scientific management forms of work organization are being replaced with:
A. Flatter, team-oriented work structures
B. Protections for management rights
C. Assembly line production processes
D. Increased specialization of work
A. Flatter, team-oriented work structures
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Which of the following must be known about a production process in order to institute a variable costing system?
a. the variable and fixed components of all costs related to production b. the controllable and non-controllable components of all costs related to production c. standard production rates and times for all elements of production d. contribution margin and break-even point for all goods in production
Which of the following is a product attribute that may be difficult to evaluate even after it has been experienced?
A) search quality B) service quality C) experience quality D) credence quality E) benefit quality
Which of the following questions is false?
a. capital budgeting involves comparing and evaluating alternate projects. b. Many firms use both financial and nonfinancial criteria to evaluate proposed capital projects c. a capital asset can be either tangible or intangible. d. budgets are not prepared for anticipated capital expenditures
Iris received a discharge under a Chapter 7 bankruptcy. She cannot receive another discharge under Chapter 7 for at least
a. six years after the prior filing. b. eight years after the prior filing. c. ten years after the prior discharge. d. She cannot file another Chapter 7, but could file a Chapter 11 or 13 bankruptcy.