The International Accounting Standards Committee was established in 1973 to develop worldwide standards. Which group replaced it in 2001?
a. FASB
b. IFRS
c. IIA
d. IASB
d
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A pay policy line
A. shows the mathematical relationship between the minimum pay and the maximum pay in an organization. B. can seldom provide information on the market pay level for a given job evaluation. C. reflects the pay structure in the market, which always matches rates in the organization. D. requires market-pay-rate data on all jobs in the organization. E. can be generated using a statistical method called regression analysis.
Sana is a highly ethical employee who takes her ethical conduct very seriously. She is moved to a new department under a very unethical manager who regularly gives her instruction. If Sana cannot change departments and is committed to remaining at the company, what is the most likely result of this new situation, given typical responses to such an arrangement?
a. She will reduce the quality of her work or output and hope the situation changes soon. b. She will begin to display unethical behavior at a similar level as her supervisor. c. She will try to undermine the manager by coordinating with other employees. d. Her work habits and performance will remain unchanged.
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 68 hours for the first widget. Acme estimates it has a 91% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 109th widget.
a. 36.24 hours b. 34.86 hours c. 39.52 hours d. 35.90 hours
From a branding perspective the important thing a company must do is fulfill any _____________________.
a. Brand loyalty b. Brand service c. Brand image d. Brand promise