A book publishing company follows a budgeting approach wherein the senior managers of the company prepare the annual budget with little or no input from the supervisory and middle managers. The company uses this approach as the owners of the company believe that thesenior managers are more aware of the long-term strategic needs of the company. In this scenario, the book publishing company is using _____.
A. top-down budgeting
B. incremental budgeting
C. bottom-up budgeting
D. zero-based budgeting
Answer: A
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Much of the confusion about whether or not a global firm can have global products results from the discussions about the physical product.
Answer the following statement true (T) or false (F)
What are the five core job components of the job characteristics model?
What will be an ideal response?
Managerial Skills (Scenario)Adam, Brenda, Carl, and Dan are employees in the same organization. Adam is the shift manager, Brenda is the district manager, Carl is the regional manager and Dan is the project leader. Adam manages the employees who produce the organization's product. After noticing his excellent work, he is promoted to division manager. Carl on the other hand, after a disciplinary proceeding is assigned to the post of office manager. Ethan is the managing director of the same organization.Which of the following is true for Ethan?
A. He should be very sound in his technical skills. B. He can manage with limited financial skills. C. Conceptual skills are the most important skills that Ethan requires. D. He need not possess any human skills
Hub and spoke systems are characterized by:
A) "spokes" that are represented by the sites that receive the goods. B) "hubs" that hold inventory until the appropriate season or upswing in demand. C) inventory locations that are close to producers, not customers. D) warehouses that are used as sorting facilities.