Which type of business community consists of people who work near the company?
A. Site community.
B. Community of interest.
C. Virtual community.
D. Employee community.
Answer: D
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Dapper Hat Makers is in the business of designing and producing specialty hats. The material used for derbies costs $4.50 per unit, and Dapper pays each of its two full-time employees $250 per week. If Employee A makes 15 derbies in one week, what is the variable cost per derby? (Round to two decimal places where necessary.)
a. $4.50 b. $15.00 c. $16.67 d. $21.17
Which of the following statements about a company's culture is NOT true?
A. Typically, key elements of the culture originate with a founder or certain strong leaders who articulated them as a set of business principles, company policies, operating approaches, and ways of dealing with employees, customers, vendors, shareholders, and local communities where the company has operations. B. The longer people stay at an organization, the more that they come to embrace and mirror the corporate culture-their values and beliefs tend to be molded by mentors, fellow workers, company training programs, and the reward structure. C. The more new employees a company is hiring, the more important it becomes to screen job applicants every bit as much for how well their values, beliefs, and personalities match up with the culture as for their technical skills and experience. D. A company's culture, once established, tends to remain stable and entrenched over time. E. Company cultures can be perpetuated by the telling and retelling of company legends, by regular ceremonies honoring members who display desired cultural behaviors, and by visibly rewarding those who display cultural norms and penalizing those who don't.
Holding too little inventory ____________ the risk of a stockout.
a. Increases b. Decreases c. Neither increases nor decreases d. Impossible to tell the effect of too little inventory on risk of a stockout
The North American Free Trade Agreement (NAFTA) differs from the GATS in that NAFTA ________
A. does not impose the national treatment requirement on its members B. does not provide the right to have the international standard of care doctrine applied to expropriations C. does not deal with services but rather by sectors D. does not have provisions for annexes