How does payroll relate to a company’s costs of doing business?
What will be an ideal response?
Labor costs are often the largest portion of a company’s overhead costs. Employers often reduce overhead costs by reducing personnel.
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If Selman & Saks allowed a French company to produce and market razors and trimmers carrying the company's brand in exchange for a royalty, Selman & Saks would be using the market entry strategy of ________
A) exporting B) franchising C) licensing D) contract manufacturing E) joint ownership
Which of the following sentences would be most effective in a letter communicating the bad news that an employee's idea is being rejected?
A) I hope you realize that no project such as the one you propose has ever been approved here. B) Your proposal will not be considered until you submit an accounting of all costs. C) It is impossible to move ahead with your idea at this time because we lack the proper machinery. D) I'm sincerely sorry, but we cannot give you the resources you need for this new project. E) Once our budget allows for equipment upgrades, we might be able to handle this type of project.
If an assignment problem consists of 6 workers and 7 projects:
A) one worker will not get a project assignment. B) one worker will be assigned two projects. C) each worker will contribute work toward the seventh project. D) one project will not get a worker assigned. E) The problem cannot be solved by assignment method.
The tracking signal calculated for the first forecast is always either +1 or -1
Indicate whether the statement is true or false.