Why are reputations perceived and highly subjective in nature?
What will be an ideal response?
A reputation is not how we would like to be known by others, or how we think we are known-it is what they actually think of us, and their judgment, that count. Once a reputation is formed, it acts as a lens by which people form their expectations for future behavior.
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Which of the following performance measures is most concerned with long-term financial performance?
a. Economic value added b. Residual income c. ROI d. None of these choices
Most virtual teams meet at their launch and during crisis.
Answer the following statement true (T) or false (F)
A quality problem can originate in which stage of the supply chain?
a. acquisition of raw materials b. product advertising c. product marketing d. product pricing
Doakes Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 60,000Total fixed manufacturing overhead cost$378,000Variable manufacturing overhead per direct labor-hour$2.20 Recently, Job M843 was completed with the following characteristics: Number of units in the job 60Total direct labor-hours 120Direct materials$630Direct labor cost$2,400 The unit product cost for Job M843 is closest to:
A. $27.50 B. $50.50 C. $67.50 D. $33.75