Long-term goals set into the future are called ______ goals.

A. behavioral
B. operational
C. implementation
D. performance


D. performance

Business

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Assume that the only good traded between Mexico, the U.S., and Canada is chicken, which is produced by all three countries. If the cost of producing a pound of chicken is 5 pesos in Mexico, 1 U.S. dollar in the U.S., and 2 Canadian dollars in Canada, and if the law of one price holds, what are each of the exchange rates between the three countries?

What will be an ideal response?

Business

It is important that a standard rate rather than actual expenses be used to charge service department costs to producing departments so that:

a. production department managers know the amount of usage at the beginning of the year. b. extra costs resulting from inefficient operations in service departments cannot be passed on to the production departments. c. service department managers don't need to worry about meeting their budgets. d. extra costs resulting from inefficient operations in production departments can not be passed on to the service departments.

Business

Considering the "crisis do's" mentioned in Chapter 17, which of the following most accurately describes the recommended overall approach?

A) stay connected B) use a sense of urgency C) stay flexible D) be prepared

Business

According the UCC's statute of frauds all:

a. contracts involving the sale of land must be in writing b. sales of goods worth more than $500 must be in writing c. warranties must be in writing d. material terms must be included in written contracts e. all of the other choices

Business