Lisa, a manager at a chemical manufacturing firm, wants to improve workplace safety. She has protective meshes installed over all large chemical vats so that workers cannot fall into them. She also improves the chemical bottling process to make it impossible for an employee to become injured by accidental leakages. In this scenario, Lisa's efforts to reduce the number and severity of workplace accidents are characteristics of ________.
A. employee assistance programs
B. engineering controls
C. loss-control programs
D. management controls
Answer: B
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Groups that value high power distance believe that relationships are
A) informal B) relationship-oriented C) hierarchical D) individualist
In an ABC classification system, an A item may have low ______.
A. value but high sales volume B. demand but high ordering cost C. quality but high holding cost D. quality but high ordering cost
Which of the following does not characterize federal transfer taxes?
A. The tax is imposed on the value of wealth transferred because of the death of an individual. B. The tax is imposed on the value of wealth transferred by an individual as a gift. C. The tax is imposed on the value of wealth transferred by an individual to charity. D. All of the above characterize federal transfer taxes.
A favorable variance is not necessarily good, and an unfavorable variance is not necessarily bad.
Answer the following statement true (T) or false (F)