The economic environment includes public policies, laws, government agencies, and pressure groups that influence and regulate various organizations and individuals in society
Indicate whether the statement is true or false
FALSE
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When should a plan be developed in the delegation process?
a. after explaining the need for delegation and the reasons for selecting the employee b. before setting objectives that define responsibility, level of authority, and a deadline c. after setting objectives that define responsibility, level of authority, and a deadline d. before explaining the need for delegation and the reasons for selecting the employee
Upon review of Bert's statement of cash flows, the following was noted: Cash flows from operating activities $ 60,000 Cash flows from investing activities (125,000) Cash flows from financing activities 115,000 From this information, the most likely explanation is that Bert is
A) using cash from operations and selling long-term assets to pay back debt. B) using cash from operations and borrowing to purchase long-term assets. C) using its profits to expand growth. D) using cash from investors to provide for operations.
Manufacturing postponement is most closely associated with which concept?
a. Flow management b. Demand management c. Delay management d. Distribution management
Whitewater Corp. is looking for a new vendor for basic plastics because the present vendor has been inconsistent about meeting delivery schedules. Which of the following buying processes is the firm's purchasing agent most likely to use?
A. intensive buying B. straight rebuy C. new-task buying D. selective buying E. modified rebuy