Operations plans in the medium to short term are done during ______.
A. detailed scheduling
B. material requirements planning
C. sales and operations planning
D. master scheduling
D. master scheduling
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Which of the following statements is the assumption on which straight-line depreciation is based?
a. The operating efficiency of the asset decreases in later years. b. Service value declines as a function of obsolescence rather than time. c. Service value declines as a function of time rather than use. d. Physical wear and tear are more important than economic obsolescence.
Which of the following is NOT a stated reason for following a sticky dividend policy?
A) Individuals who use the cash flow from dividends for current income do not like having their cash flow cut unexpectedly. B) The market considers dividend payments a signal of the firm's health. A dividend cut may be considered bad news. C) If managers pay dividends, they are constrained from paying dividends so large that cash dividends would come from legal capital. D) All of the above are stated reasons for sticky dividend policy.
Which of the following is an appropriate cost driver for allocating indirect costs to a human resources department in a service company?
A. Number of customers B. Either number of employees or square footage of office space depending on the nature of the indirect cost C. Number of employees D. Square footage of office space
Leadership is a necessary (but not sufficient) condition for organizational success. Leaders should emerge at which level(s) of an organization?
A. Only at the top B. Throughout the organization C. In the middle D. Only during times of change