Two respected techniques made popular by Six Sigma are

A) TQM and ROQ.
B) TQM and kaizen.
C) kaizen and benchmarking.
D) benchmarking and process mapping.


D

Business

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Which of the following statements is TRUE of variable costing?

A) It considers variable manufacturing overhead as period costs. B) It considers fixed manufacturing overhead as product costs. C) It considers variable selling and administrative costs as product costs. D) It considers fixed selling and administrative costs as period costs.

Business

When applying the lower of cost or market method of inventory valuation for LIFO, market is defined as the ________.

What will be an ideal response?

Business

Span of control

A. refers to where decisions are formally made in organizations. B. refers to the number of employees each manager is responsible for in the organization. C. is the degree to which rules and procedures are used to standardize behaviors and decisions in an organization. D. is the degree to which tasks in an organization are divided into separate jobs. E. answers the question of "who reports to whom?" and signifies formal authority relationships.

Business

Which factor is influencing individual behavior when an individual is faced with the choice of furthering his or her own interests rather than the interests of the organization?

a. organizational factors b. business environment c. profit and loss statements d. society e. personal moral philosophy

Business