Functional specifications set out:
A) the purpose for which the product is required.
B) all those aspects or characteristics of a product that are determined by its final use.
C) how the product is to work.
D) none of the above
B
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Indicate whether each of the following statements about a cash budget is true or false.A cash budget helps managers to anticipate cash shortages and excess cash balances.The cash budget has two main sections: a cash deficit section and a financing section.The total cash available is calculated by adding cash receipts and the ending cash balance.Cash payments may include outflows for inventory, selling and administrative expenses, and depreciation.Cash inflows and outflows indicated on the cash budget are reported on a company's pro forma statement of cash flows.
What will be an ideal response?
Which of the following generational groups is most likely to represent the present owners of cottages surrounding Witmer Lake?
A) Baby Boomers B) Echo Boomers C) Gen Xers D) Lost Generation E) Millennials
Lasting Skin Care Inc. is growing very fast in both sales and number of employees. It manufactures and sells skin products for youth, male, female, elderly, and ethnic populations all over the United States and several other countries. So far, the company has followed a simple structure. However, with fast-paced growth, it has become a necessity that the company explore other organizational structures. Larry, a long-time employee at Lasting Skin Care, has collected information on how some of its competitors have organized their companies. Tracks Inc. groups its employees by their different areas of expertise such as Marketing, Finance, Human Resources, and Operations. Fine Base, which is primarily in the United States, groups its activities as Northeast Division, Southeast Division,
Northwest Division, Southwest Division, and Central Division. Prints Inc. has organized its employees according to the accounts they serve, such as Large Company Contracts, Internet Sales, Individual Sales, and Small Salon Direct Sales. Finally, Make safe International has grouped its business units around different types of makeup, including the Lipstick and Lip Gloss Division, the Eye shadow Division, the Foundation Division, the Mascara Division, and the Bronzer and Blush Division.Which of the following describes Tracks' organizational structure? A. geographic B. matrix C. functional D. client-based E. product
Art, the sole shareholder of ABC Company, got a ticket for reckless driving because he was speeding through a school zone at 85 miles per hour. Sue, the wife of the officer who gave Art the ticket, was an employee of ABC Company. Art asked her if she
could get the ticket "fixed" for him. Sue indeed talked to her husband, but he was unwilling to tear up the ticket. Art was incensed and fired Sue on the spot saying that she could not be counted upon to do anything the right way. Discuss the pros and cons of whether Sue should prevail in an action against ABC Company alleging a violation of public policy.