Julius Holt, manager of operations at SigmaScan Industries, has decided to change careers. For years, SigmaScan has been a market leader in manufacturing DVD players, but sales-and Julius's advancement opportunities-have been declining for years. He told his wife, "Recent ________ have allowed smartphones and streaming to emerge as substitutes for DVD players. That's reality, and I need to face it."
A. smoothing strategies
B. benchmarking trends
C. barriers to entry
D. technological advances
E. buffering strategies
Answer: D
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According to the Myers–Briggs type indicator (MBTI), which of the following personality characteristics is related to making quick decisions or being flexible?
A. introversion/extraversion B. sensing/intuition C. thinking/feeling D. judging/perceiving
If a trend line is given as Demand = 135 – 14(Time) then what is the slope of the trend line?
a. 121 b. 135 c. -14 d. The slope cannot be determined from the information given
Since service departments do not generate revenues, it is unnecessary to accumulate and allocate their costs.
Answer the following statement true (T) or false (F)
Tiffany's Dilemma ? Tiffany graduated from college and needed to decide where she wanted to work. She had several options. Her aunt Martha owned and operated a small business that she started about twenty years ago. Martha, an individual owner of her business, informed Tiffany that she could work for her. On one hand, Tiffany thought it would be a great opportunity to be able to work for her aunt, learn the business, and then run the business when her aunt retires. On the other hand, she also felt that she wanted something a little more challenging; a job where she could really use her education. Her other option would be to work for a company that a friend and her husband had started and jointly owned. It was a rapidly growing company with plenty of opportunity for advancement.
However, Tiffany had some reservations about this choice because she was not sure she wanted to work for friends. Her last option was to work for a large retail company, headquartered in Maryland, which had stores across the United States. ? After much consideration, Tiffany decided she didn't want an opportunity and a job because someone knew her. She wanted to prove how motivated and hardworking she was. Once she weighed all the advantages and disadvantages of her different options, she decided to work for the large retail company so that she could gain the most experience for herself. Refer to Tiffany's Dilemma. What type of company does Tiffany's friend operate? A. Incorporation B. Partnership C. Franchise D. Corporation E. Sole proprietorship