Work specialization increases efficiency in all of the following ways except by:
A. Allowing workers to become really good at their job tasks
B. Making training easier
C. Keeping employees engaged and focused on their jobs
D. Improving efficiency through routines and patterns
C. Keeping employees engaged and focused on their jobs
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At the upper-management level in an organization, ______.
A. technical skills are not important B. human skills are not important C. technical skills are more important than conceptual skills D. technical skills are less important than human skills
Which term describes both the growth in information that inundates businesses each day and the complex tools used to analyze the data and derive meaningful insights?
A. predictive modeling B. information overload C. big data D. data support system E. marketing information system
Ego Manufacturing produces a pesticide chemical and uses process costing There are three processing departments-Mixing, Refining, and Packaging. On January 1, the Refining Department had 2,000 gallons of partially processed product in production. During January, 33,000 gallons were transferred in from the Mixing Department, and 29,000 gallons were completed and transferred out. At the end of the month, there were 6,000 gallons of partially processed product remaining in the Refining Department. See additional details below.
Refining Department, beginning balance at January 1 Quantity: 2,000 units (partially processed) Cost: $15,600 of costs transferred in $4,500 of materials cost $1,000 of conversion cost 21,100 total account balance Costs added during January Cost of units transferred in $222,400 Direct materials cost $93,750 Conversion cost $48,000 Refining Department, ending balance at January 31 Quantity: 6,000 units (partially processed) Percent complete for materials cost: 90% Percent complete for conversion cost: 75% What was the cost per equivalent unit with respect to conversion costs for the Refining Department in the month of January? (Use the weighted-average method, and round your calculations to the nearest cent.) A) $1.42 B) $1.46 C) $1.40 D) $8.17
A chocolate manufacturer advertises heavily during Christmas with an ad that shows only a picture of red, green, and silver wrapped chocolates. The advertiser's aim is to create top-of-mind awareness among consumers. In this scenario, the chocolate manufacturer is using ________ advertising.
A. teaser B. rational C. consumer-generated D. reminder E. transformational