What kinds of location decisions are appropriate for the use of center-of-gravity analysis? What variable is being optimized in this analysis?
What will be an ideal response?
The center-of-gravity technique is appropriate when the location decision must find a single centrally-located site to serve any number of outlying points; locating a distribution center to serve a dozen retail stores is an example. The analysis leads to a location that (approximately) minimizes the distribution cost (or total distance traveled) between all outlying points and the center or hub.
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Which of the following represents a situation in which an auditor is independent of its client?
a. The audit fee paid by the client represents 10% of the auditor's annual gross revenue. b. The auditor takes a personal loan from the president of the company. c. The auditor's dependent son holds 25 shares of the client's common stock. d. The auditor has not received payment for the previous audit services.
When the estimates involved in earnings management begin moving outside a reasonable range, the financial statements can become misleading
Indicate whether the statement is true or false
All of the following are best practices to ensure FAB sequences are effective, EXCEPT?
A. Avoid incorporating proof statements within FAB sequences. B. FAB Sequences should be logical C. Structure and convey your FAB Sequences as you would in a business conversation D. FAB Sequences should use specific language. E. Integrate a trial close after your FAB Sequences.
Answer the following statement(s) true (T) or false (F)
1. Consultation references the support of others as a reason for someone to agree to a request as a tactic for influencing others. 2. Compliance is the best reaction to an influence tactic. 3. Commitment occurs when people are enthusiastic and fully in agreement with an action or decision and are motivated to put in the extra effort to successfully reach a goal. 4. Political behaviors in organizations are closely aligned with tactical influence. 5. The textbook states that one’s political skill typically relates negatively to organizations.