A short-run measure of activity that represents a firm's anticipated activity level for an upcoming period based upon expected demand is referred to as:
a. theoretical capacity
b. practical capacity
c. normal capacity
d. expected capacity
D
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A new and more realistic communication model, which model emerged to capture the reality of communication exchanges?
A. interaction B. intersection C. reflective D. transactional
When planning the project, it is important to
a. determine all the details for all activities in the project. b. estimate the types and quantities of resources required to perform each specific activity. c. calculate the contingencies so that no changes will need to be made. d. identify the names of the resources for every task to enter into the project management information system.
Answer the following statements true (T) or false (F)
1. Ratios are used to compare different firms in the same industry. 2. Ratios are not considered as important to non-accounting functional areas of a business such as marketing, head of production and human resources. 3. Asset utilization ratios include receivable turnover, average collection period, inventory turnover, fixed asset turnover and total asset turnover. 4. Financial ratios are used to weigh and evaluate the operational performance of the firm. 5. Liquidity ratios indicate how fast a firm can generate cash to pay bills.
State the appropriate uses of the five conflict management styles.
What will be an ideal response?