RMS systems, in an ERP context, refer to?
a. Reuse management systems
b. Returns management systems
c. Repair and maintenance systems
d. Replacement management system
b. Returns management systems
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Identify a true statement about functional relationships.
A. Members of functional relationships make significant investments for the sake of the relationships. B. The typical time horizon is short term because previous purchases do not exert a significant impact on the next purchase. C. They are created for the purpose of uncovering and exploiting joint opportunities. D. Buyers and sellers are locked into a continuing relationship, and buyers cannot switch from one supplier to another. E. The nature of the relationship between a buyer and a seller is described as cooperative.
Two management students, Gunther and Jake, discuss the pros and cons of employee benefits. Gunther states that unemployment insurance is more advantageous to employees than it is to employers, while Jake argues that employers receive more rewards from it. Which statement weakens Jake's argument?
A. Unemployment insurance does not include payments to offset lost income during voluntary unemployment. B. Unemployment insurance does not provide assistance to unemployed workers looking for new jobs. C. The amount of an employer's unemployment insurance tax depends on the number of employees. D. Federal and state taxes paid by employers fund most of unemployment insurance. E. Unemployment insurance provides employers a competitive advantage in the talent market.
In the final stage of the rational model of decision making, you should
A. provide justification for the choice. B. select a solution. C. seek high-level support. D. evaluate the results. E. identify the winners and losers.
Answer the following statements true (T) or false (F)
1. Many corporations are finding themselves appointing ethics officers. 2. Ethical auditing can be defined as the regular comprehensive evaluation of the compliance of the firm’s ethical policies and procedures. 3. The ethical auditing process is an evaluation tool used by management to ensure that the ethical conduct described in the code of ethics is enforced throughout the organization. 4. Whistle-blowing is the process in which an employee informs another responsible party in the company about potentially unethical behavior. 5. Many companies find that setting up hotlines and other reporting mechanisms for reporting environmental programs is quite difficult to accomplish.