The return on common stockholder's equity measures a company's success in earning net income for its owners.
Answer the following statement true (T) or false (F)
True
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A change in strategy nearly always entails budget reallocations because
A. adopting best practices and pushing for continuous improvement tends to reduce costs and reduce overall resource requirements. B. revamping the performance of value chain activities can be costly. C. empowering employees to carry out the new strategy elements typically requires substantial new funding and budget revisions. D. the accompanying policy revisions and compensation incentives tend to require different levels of funding than before. E. organizational units important in the prior strategy but having a lesser role in the new strategy may need downsizing, while units and activities that now have a bigger and more critical strategic role may need more people, new equipment, additional facilities, and above-average increases in their operating budgets.
Which of the following statements is true about open loop MRP systems?
a. There are provisions for feedback. b. Plans and schedules are developed assuming finite capacity. c. Plans and schedules are developed assuming on-time, correct delivery of materials ordered by suppliers. d. Schedules are maintained by adjusting production plans when changes in demand occurred.
The cost of land would not include:
A. Purchase price. B. Cost of parking lot lighting. C. Government assessments. D. Costs of removing existing structures. E. Fees for insuring the title.
Which of the following statements is true?
I. It is NOT always practical to expect 100% inventory accuracy on all items. II. "C" items should be expected to have a higher inventory accuracy than "A" items. III. Tolerance is the amount of permissible variation between an inventory record and a physical count. A) I, II and III B) I and II only C) I and III only D) II and III only E) I only