A retailer that sells to multiple segments should use which management alternative?
a. professional manager system
b. decentralized structure
c. owner-manager system
d. centralized structure
b
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Which of the following is NOT a popular form of structured questions?
A) multiple-choice B) dichotomous C) open-ended D) scales E) all of the above are forms of structured questions
A developmental experience that helps women rise to top leadership positions is ______.
A. servant leadership B. nepotism C. inclusion in key networks D. college education
Assume a foreign nation has seized all of the property of an American corporation. The nation has assumed ownership of the property for a public purpose and has paid the American corporation what it believes to be fair compensation. Under these facts, the seizure of property is best described as:
a. expropriation. b. confiscation. c. force majeure. d. eminent domain.
Two manufacturing processes are being considered for making a new product. Process #1 is less capital intensive, with fixed costs of $50,000 per year and variable costs of $700 per unit
Process #2 has fixed costs of $400,000 annually, with variable costs of $200 per unit. a. What is the break-even quantity for the two processes? b. If annual sales are expected to be 600 units, which process should be selected? c. If lowest overall costs per year is your overall objective, for what range of annual production quantities should you select the first process? the second process? d. Operations and Engineering have found a way to reduce the cost of the second process, such that the fixed costs for this process decrease from $400,000 to $300,000 annually. All other costs remain the same (1st process fixed = $50,000 / year, 1st process variable = $700 / unit, 2nd process variable = $200 / unit). What is the new break even quantity between the two processes? e. Does this change the process selection for the annual sales volume of 600 units? If so, for what range of annual production quantities should you select the first process and the second process?