A benchmark is a measurement of the gap between the quality of a company's process and the quality of a parallel process

A) within the same company.
B) in an idealistic situation.
C) in a best-in-class company.
D) in a worst-in-class company.


C

Business

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In 2016, which country voted to drop out of the European Union?

a. Greece b. United Kingdom c. Romania d. Germany

Business

According to the text, which of the following dimensions provide the basis for organizational subdivisions at the secondary, tertiary, and still lower levels?

A. Nationality of management B. Process C. Nature of competition D. Nation in which headquarters is located E. Size of the company

Business

Dirickson Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials 7.6ounces$9.40per ounceDirect labor 0.10hours$18.00per hourVariable manufacturing overhead 0.10hours$5.30per hour?The company has reported the following actual results for the product for July:    Actual output 7,600unitsRaw materials purchased 63,000ouncesActual cost of raw materials purchased$541,880 Raw materials used in production 57,750ouncesActual direct labor-hours 820hoursActual direct labor cost$16,072 Actual variable overhead cost$4,592 ?The variable overhead efficiency variance

for the month is closest to: A. $318 F B. $336 F C. $336 U D. $318 U

Business

A whistle-blower ________

A) breaks the law when he or she informs an outside agency about violations in the workplace B) is someone who helps a company recover from a highly publicized ethical lapse C) does not receive any legal protection D) is a new leader brought in after a scandal to set an example of the new ethical image of the company E) is someone who reports misconduct occurring in his or her workplace

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