A disadvantage of the high-low method of cost analysis is that it:
A. relies totally on the judgment of the person performing the cost analysis.
B. typically results in a totally inaccurate cost formula.
C. uses only two data points, which may not be representative of normal conditions.
D. is too time consuming to apply.
Answer: C
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Path–goal theory is similar to the situational approach in that ______.
A. path–goal does not suggest leaders should be flexible B. path–goal does not take followers into consideration C. path–goal requires leaders to adapt to followers’ needs D. path–goal and situational both take the work setting into account
The main benefits for organizations in the implementation of the inclusive workplace approach at level I are ______.
a. employees form better relationships in and out of the office b. improved benefits c. positive image with employees, customers, and financial institutions d. customer satisfaction
Which of the following best describes the term capital rationing?
A. a process of controlling operating costs when adequate funds are not available B. a method which shows the effect of an investment on a company's accrual-based income C. a method of determining the period within which the cash invested is recouped D. a process of ranking and choosing among alternative capital investments based on the availability of funds
Emily has just opened a health food store that sells organic foods, herbal supplements, and environmentally-friendly products. Because it will be a specialty store, she should have a broad product assortment with moderately low prices.
Answer the following statement true (T) or false (F)