Employee productivity is retail sales or profit multiplied by the number of employees.
Answer the following statement true (T) or false (F)
False
Employee productivity is net sales divided by the number of full-time equivalent employees, which gives an average of how much retail sales or profit is generated per employee. Employee productivity can be improved by increasing the sales generated by employees, reducing the number of employees, or both.
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A control that can ensure that receiving clerks are not influenced by quantity information while actually counting incoming goods is to:
a. send a "blind" copy of the purchase order to receiving b. establish a "tickler" file for completed purchase orders c. send copies of a receiving report to accounts payable d. establishing "blanket orders" in purchasing
Winstar is a large scale manufacturer which has more than a hundred partners across the globe
When making decisions concerning distribution and channel optimization, the company invites members from its channel partners to be part of its advisory committee. This helps the company maintain harmony with its partners. Which of the following conflict resolution techniques is Winstar using? A) diplomatic counselling B) mediation C) arbitration D) co-option E) joint membership
Plans for the best- or worst-case scenarios or for critical events that could have a severe impact on the firm are known as
A. tactical plans. B. strategic plans. C. contingency plans. D. scenario plans. E. emergency plans.
The term ________ can be defined as a mutual exchange of benefits, as when a firm buys products from its own customers
Fill in the blanks with correct word