________ communication in an organization is the flow of information from higher to lower levels of authority.

A. Downward
B. Lateral
C. Informal
D. Upward


Answer: A

Business

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The demand for an industrial product is derived from underlying consumer demand

Indicate whether the statement is true or false

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The IMF's _______ consists of that share of a member state's quota that it did not contribute in its own currency

A. Standby Arrangement B. Extended Fund Facility C. reserve tranche D. credit tranche

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Ace Hardware's economic order quantity (EOQ) is 100 widgets, its total demand is 20,000 units per period, its carrying cost per unit is 20% of inventory value, its purchase price $4, and its fixed costs per order is $20. Which of the following is the total inventory cost of Ace??

A. $1,250? B. ?$3,250 C. ?$1,750 D. ?$2,000 E. ?$4,040

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Kirk receives an unsolicited credit card in the mail and tosses it on his desk. Without Kirk's permission, his roommate Leif uses the card to buy a new laptop for $1,800 . Kirk is

a. liable for $1,000. b. liable for $500. c. liable for $50. d. not liable for any amount.

Business