Are joint costs relevant to a sell-or-process-further decision? Explain why or why not
The common costs shared by two or more products before they are split off are called joint costs. They are not relevant to a sell-or-process-further decision because they are incurred before the split-off point and do not change if further processing occurs.
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Consistency in accounting means that a company uses the same generally accepted accounting principles from one accounting period to the next accounting period
Indicate whether the statement is true or false
Research has shown that people will lie for all of the following reasons except:
a. they have learned to lie through negative modeling. b. they have a habit of lying. c. they feel if they lie they won't get what they want. d. they fear punishment or adverse consequences.
Answer the following statement(s) true (T) or false (F)
1. Heifetz is the leadership scholar credited with the development of adaptive leadership. 2. Followers of leaders using adaptive leadership should adapt to the leader’s goals. 3. Adaptive leadership is a well-developed empirically tested model. 4. Adaptive challenges are both unclear and difficult to solve. 5. A prerequisite for all of the other adaptive leader behaviors is to regulate distress.
The ______ staffing strategy of multinational organizations involves using local foreign managers only.
A. polycentric B. ethnocentric C. geocentric D. regiocentric