Identify the major disadvantages of the Gantt load chart
What will be an ideal response?
It does not account for production variability, such as unexpected breakdowns or human errors that require reworking a job. Consequently, the chart must be updated regularly to account for new jobs and revised time estimates.
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When constructing an organizational structure, managers need to consider ____ positions, which are directly involved in operational activities, and ____ positions, which are advisory and facilitative
a. Line, Staff b. Staff, Line c. Formal, Informal d. Informal, Formal
Which of the following characterizes organizational buyer-seller relationships?
A. Purchases are often made after lengthy or complex negotiations. B. Reciprocal arrangements are illegal. C. Purchases are usually of small dollar values. D. Short-term contracts are often prevalent. E. Delivery schedules are less important than production capacity.
Business risk is the risk to the firm of being unable to cover required financial obligations
Indicate whether the statement is true or false
Treaties with foreign nations can be made by only ________ and ratified by ________.
A. the Secretary of State; the President B. the President; the Senate by a two-thirds vote C. the Department of Defense; the Senate by a plurality D. the President; the House of Representatives by a three-fourths vote