A diagram that shows the relationships between departments and divisions, and the managers that are responsible for each section is called a(n) ________.
A) departmentalization chart
B) work specialization chart
C) organizational chart
D) chain of command chart
C) organizational chart
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Which of the following statements is true of volatile organic compounds?
A. They are substances which release chlorines and deplete ozone. B. They are substances which control air pollution. C. They are substances which combine with nitrogen oxides to become ozone. D. They are also known as catalytic converters.
The products are machine made. Four units of product A can be made with one machine hour and two units of product B can be made with one machine hour. The company has a maximum of 6000 machine hours available per month. The company can sell up to 18,000 units of product A per month, and up to 3000 units of product B for the month. What is the optimum product mix to maximize the company's operating income?
A company sells two products with information as follows:
A) 1500 units of A and 78,000 units of B
B) 18,000 units of A and 3000 units of B
C) zero units of A and 3000 units of B
D) 36,000 units of A and zero units of B
What element of a contract refers to the parties involved being "adults of sound mind"?
a. Consideration b. Capacity c. Consent d. Legality
Which of the following assumptions is true of the EPQ model?
a. The quantity ordered is delivered all at once. b. There is considerable variation in the lead time. c. There are no quantity discounts. d. The lead time is not known.