Which of the following is not generally true of self-managed teams?
A) They are autonomous groups.
B) They are development teams.
C) They are a type of work group.
D) Their members are trained to do most of the jobs in a unit.
E) They make decisions that used to be made by frontline supervisors.
B) They are development teams.
Explanation: Self-managed teams are autonomous work groups in which workers are trained to do all or most of the jobs in a unit, and they make decisions previously made by frontline supervisors.
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Reflector Glass Company prepared the following static budget for the year:
If a flexible budget is prepared at a volume of 8400 units, calculate the amount of operating income. The production level is within the relevant range.
A) $23,500
B) $12,600
C) $42,200
D) $4000
A quasi contract is not a real contract but rather a fictional contract created by the courts to prevent one party from being unjustly enriched at the expense of another party
Indicate whether the statement is true or false
A cash-and-carry wholesaler does NOT
A. grant credit. B. anticipate customers' needs. C. take title to the products he or she sells. D. stock the products he or she sells. E. store inventory.
Under modern antitrust law analysis, a company with a market share between 70 and 90 percent has a monopoly
Indicate whether the statement is true or false