Answer the following statements true (T) or false (F)
1. Managerial insistence on retaining the right to make business decisions such as location and production technology without interference from employees or unions was formalized in the 1940s.
2. The importance of grievance arbitration as a method of settling labor disputes was not formalized until the 1970s.
3. The push for greater flexibility and employee participation in the workplace is very compatible with traditional union goals.
4. Under scientific management principles, workers become better at their jobs through cross-training to increase workforce flexibility.
5. In the 20th century, the primary method for organizing and managing work was scientific management.
1. TRUE
2. FALSE
3. FALSE
4. FALSE
5. TRUE
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What are the four components research into organizational justice?
What will be an ideal response?
Once goods are legally imported, they must be treated the same way as domestic goods. This is called ________
A. dumping B. direct effect C. transparency D. national treatment
Which of the following should be considered when a company estimates the cash flows used to analyze a proposed project?
A. The new project is expected to reduce sales of one of the company's existing products by 5%. B. Since the firm's director of capital budgeting spent some of her time last year to evaluate the new project, a portion of her salary for that year should be charged to the project's initial cost. C. The company has spent and expensed $1 million on research and development costs associated with the new project. D. The company spent and expensed $10 million on a marketing study before its current analysis regarding whether to accept or reject the project. E. The firm would borrow all the money used to finance the new project, and the interest on this debt would be $1.5 million per year.
Imbesi Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study:Activity Data:Processing OrdersResolving QueriesProcessing Credit ReviewsMinutes per unit of the activity142244?Cost Object Data:Customer PCustomer QCustomer RNumber of orders processed31209Number of queries resolved15118Number of credit reviews processed100?The cost per minute of the resource supplied is $0.36?On the Customer Cost Analysis report in time-driven activity-based costing, the total cost assigned to Customer R would be closest to:
A. $45.36 B. $0.00 C. $63.36 D. $108.72