Which of the following approaches to budgeting attempts to spend at levels proportional to the competition's spending?
A) affordability
B) experimentation
C) decision calculus
D) competitive parity
D
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The first unit produced in a process takes 400 hr. As the number of units produced doubles, production time decreases by 20%. Using the arithmetic approach, calculate the production time for the 64th unit.
A. 320 hr B. 256 hr C. 105 hr D. 164 hr
Most complaints filed with the National Labor Relations Board each year involve:
a. yellow-dog contracts b. substance abuse policy c. age discrimination d. misuse of dues money by union leaders e. none of the other choices
When faced with an ethical conflict, a manager should always
A. ask the boss what to do, then do it without question. B. consider only what is best for the company. C. look at which decision will make the stockholder the most money today. D. worry only about what the law has to say, then take legal action because it will produce the least public outcry. E. think about his or her own ethics; the company's ethics; and the interest of employees, stockholders, and customers.
One of the main drawbacks to owning a franchise is high initial startup costs
Indicate whether the statement is true or false.