The transportation model is an excellent tool for minimizing shipping costs among existing facilities, but it is not useful when firms consider new facility locations
Indicate whether the statement is true or false
FALSE
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All of the following statements about competency models are true EXCEPT that:
A. their focus is on the full range of knowledge, skills, abilities, and other characteristics that are needed for effective performance on a job and that characterize exceptional performers. B. their level of rigor and documentation are more likely to enable them to withstand the close scrutiny of a legal challenge. C. they attempt to identify variables related to overall organizational fit. D. they attempt to identify personality characteristics consistent with an organization's vision.
The doctrine of stare decisis
a. is expressed in statutes. b. promotes predictability of the law. c. promotes judicial activism. d. is product of Roman civil law.
Auction companies
A. work almost as members of a company's sales force. B. take over the whole marketing job of producers. C. provide a place where buyers bid to complete a transaction with a seller. D. take title to the products they resell. E. All these answers are correct.
____________ accounting involves preparing financial reports that provide information about the business's performance to external parties such as investors, creditors and tax authorities.
Fill in the blank(s) with the appropriate word(s).