Who in the organization should be responsible for scanning the environment? What role may consultants play in helping corporations in their environmental scanning activity?
What will be an ideal response?
Within the corporation, responsibility for environmental scanning can be given to line managers, the strategic planner, or an office of environmental scanning. Most companies use a combination of line managers and strategic planners. Consultants may be beneficial to corporations in their environmental scanning activities because they often possess the “ivory tower” working patterns that encourage the creativity necessary for successful scanning.
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A(n) ________ is the predesignation of some quality of a measured attribute necessary for a predetermined action to take place
A) research standard B) action rule C) action standard D) tipping point E) tipping line
Wyatt Corporation has the following standard costs associated with the manufacture and sale of one of its products: Direct material $3.00 per unit Direct labor 2.50 per unit Variable manufacturing overhead 1.80 per unit Fixed manufacturing overhead 4.00 per unit (based on an estimate of 50,000 units per year) Variable selling expenses .25 per unit Fixed SG&A expense $75,000 per year During its
first year of operations Wyatt manufactured 51,000 units and sold 48,000 . The selling price per unit was $25 . All costs were equal to standard. Refer to Wyatt Corporation. Under absorption costing, the standard production cost per unit for the current year was a. $ 7.30. b. $11.30. c. $11.55. d. $13.05.
A corporation that buys the assets of another corporation does not assume the other's liability unless:
a. the purchaser expressly or impliedly agrees to assume the seller's liabilities. b. the transaction amounts to a consolidation or merger of the two corporations. c. the sale is for the fraudulent purpose of avoiding the liabilities of the seller. d. All of these.
Typically, debentures have higher interest rates than mortgage bonds primarily because mortgage bonds are backed by assets while debentures are unsecured.?
Answer the following statement true (T) or false (F)