What is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention?
A. Flat world
B. Internet of things
C. Machine to machine
D. Predictive analytics
Answer: B
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Sanchez Semiconductors produces 200,000 high-tech computer chips per month. Each chip uses a component that Sanchez makes in-house. The variable costs to make the component are $1.20 per unit, and the fixed costs are $1,200,000 per month. The company has been approached by a foreign producer who can supply the component, within acceptable quality standards, for $1.00 each. If the company chooses to outsource, fixed costs can be reduced by 30%. There are no other uses for the facilities currently employed in making the component. What would be the effect on operating income, if the company decides to outsource?
A) There would be no effect on operating income. B) Operating income would increase by $400,000. C) Operating income would increase by $200,000. D) Operating income would decrease by $40,000.
Which of the following is a statement in the text related to language?
A. The language terms and usage are standard across industries. B. The language used to refer to employees reflects underlying values. C. It is important for language to be understood by outsiders of the organization. D. The language will be clear to new employees.
Services, as opposed to physical products,
A. never require the presence of the consumer in order to be performed. B. are usually produced and consumed in different time frames. C. are usually sold first, and then produced. D. may be stored for later use. E. None of these answers is correct.
The systematic use of reinforcement to encourage desirable organizational behavior is called
A. behavior modification. B. replacement theory. C. equity theory. D. expectancy theory. E. reinforcement theory.