An ________ standard is based on 100% efficiency without any loss or waste.
What will be an ideal response?
ideal
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Spark, Inc., which manufactures the fireworks that municipal governments buy to put on their annual fireworks shows on the Fourth of July, moved most of its manufacturing operations from the United States to China a decade ago. Now, Spark is moving production back to the United States because the company's managers are uncomfortable with many Chinese business practices. Spark, Inc. engages in __________ when it moves its operations back to the United States.
A. offshoring B. outsourcing C. reshoring D. globalizing E. countertrading
On April 15, Topper Company agrees to a contract to sell 9,000 tie-dyed flags for $45,000 to PeaceTime, Inc On August 1, after 5,000 flags have been delivered, Topper and Peace modify the agreement to sell an additional 6,000 flags for $21,000 which is significantly lower than Topper's stand-alone selling price at that time. During August, Topper delivers 1,000 flags. How much revenue will Topper
recognize for the month of August? A) $5,000 B) $4,400 C) $4,250 D) $4,100
If participants are cynical to start, this reason for why interventions fail is likely to occur:
a. Not enough time devoted b. Lack of readiness for change c. Resistance to change d. Unskilled change agent
Lara, an accountant, conducts an audit of Microstuff, Inc. After the conclusion of the audit, the working papers created in preparing the audit must be
A. disposed of immediately. B. kept until the Public Company Accounting Oversight Board's review. C. maintained for seven years. D. retained forever.