Which of the following qualitative factors favors the buy choice in a make or buy decision for a part?
a. maintaining a long-term relationship with suppliers
b. quality control is critical
c. utilization of idle capacity
d. part is critical to product
A
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Which of the following approaches is characteristic of a manager using the contingency viewpoint?
A. Purchasing new technology to improve efficiency. B. Simplifying the steps of the work process. C. Using motivational techniques to boost worker productivity. D. Assessing the characteristics of particular situation before deciding what to do. E. Performing a motion study.
The central bank of a country follows the Taylor rule to set its interest rate. If the equilibrium real interest rate rises by 1 percentage point, all other variables remaining unchanged,?
A. the central bank should raise the nominal interest rate by 1 percentage point. B. the central bank should lower the nominal interest rate by 1 percentage point. C. the central bank should raise the nominal interest rate by 0.5 percentage points. D. the central bank should lower the nominal interest rate by 0.5 percentage points.
Which of the following is NOT an assumption that underlies the study of organizational behavior?
A) Human behavior is purposeful. B) Human behavior is random. C) Human behavior can be changed. D) Human behavior can be influenced by others.
Thornbrough Corporation produces and sells a single product with the following characteristics: Per UnitPercent of SalesSelling price$220 100%Variable expenses 44 20%Contribution margin$176 80% The company is currently selling 7,000 units per month. Fixed expenses are $901,000 per month. The marketing manager would like to introduce sales commissions as an incentive for the sales staff. The marketing manager has proposed a commission of $11 per unit. In exchange, the sales staff would accept a decrease in their salaries of $65,000 per month. (This is the company's savings for the entire sales staff.) The marketing manager predicts that introducing this sales incentive would increase monthly sales by 300 units. What should be the overall effect on the company's monthly net
operating income of this change? A. decrease of $92,500 B. increase of $37,500 C. increase of $61,700 D. increase of $1,269,500