Which of the following actions is most likely to be favored by unions?
A. Substituting wages with gain-sharing plans
B. Making each individual worker more expendable to the firm
C. Introducing lump-sum awards
D. Increasing the pricing of products to cover for increases in wages
Answer: C
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On its website, the Acme Global Corporation published a statement of what the various organizational units will do and what each will accomplish to fulfill the organization’s vision. This is a ________ statement.
A. strategy B. mission C. HR scorecard D. structure E. goals
Proper planning can guarantee project success
Indicate whether the statement is true or false
Saxena Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.1hours per unitStandard direct labor rate$15.00per hourStandard cost$1.50per unitThe company budgeted for production of 2,900 units in July, but actual production was 2,800 units. The company used 250 direct labor-hours to produce this output. The actual direct labor rate was $14.10 per hour.The labor rate variance for July is: (Round your intermediate calculations to 2 decimal places.)
A. $225 F B. $252 U C. $252 F D. $225 U
Last year Central Chemicals had sales of $205,000, assets of $127,500, a profit margin of 5.3%, and an equity multiplier of 1.2. The CFO believes that the company could reduce its assets by $21,000 without affecting either sales or costs. Had it reduced its assets in this amount, and had the debt-to-assets ratio, sales, and costs remained constant, by how much would the ROE have changed?
A. 1.81% B. 2.02% C. 2.22% D. 2.44% E. 2.68%