Scientific and technological advancements in a specific industry, as well as in society at large, are included in which general environment dimension?
A. Sociocultural
B. Legal-political
C. Economic
D. Technological
E. Corporate culture
Answer: D
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________ are tags that transmit identifying information and are attached to individual items, shipping cartons, and containers.
A. Radio frequency identification devices B. Vendor-managed inventories C. Data warehouses D. Data stores E. Electronic data interchanges
Which answer best describes the elements of a model of transformational leadership?
A. idealized influence, inspirational motivation, intellectual stimulation, individualized consideration B. laissez-faire, contingent reward, management by exception, corrective transactions C. supporting, controlling, delegating, directing D. forming, storming, norming, performing
Which of the following most likely would be considered a discontinued operation?
a. Production or marketing functions are shifted from one location to another. b. A sporting goods manufacturer has a bicycle division that meets FASB's definition of a component of the entity and decides to outsource the manufacture of its bicycles. c. The unprofitable brands of a beauty products component of an entity that manufactures and sells consumer products are discontinued. d. An entity that is a franchiser in the quick-service restaurant business also operates company-owned restaurants that are unprofitable in a certain region and, as a result, the entity decides to exit both the quick-service business as well as the company-owned restaurants in that region. e. None of these answer choices is correct.
Why is it important to manage one's costs?
What will be an ideal response?