The issue of workplace bullying is more predominant in the service sector because:
A. most of the organizations in this sector are decentralized.
B. of its strong hierarchy of authority.
C. it lacks the right of due process.
D. that work relies significantly on interpersonal relationships and interaction.
Answer: D
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In a marketing plan, every strategy must include an implementation element. These are sometimes called ________.
A. value propositions B. action plans C. strategic plans D. marketing channels E. marketing metrics
Low-cost leaders who have the lowest industry costs are likely to
A. understand that they have lower bargaining power with suppliers than rivals who employ a different strategy. B. understand that driving costs to the lowest possible level is the only way to sell cheap products to consumers. C. be favorites to win the game of strategy in the long run. D. have out-managed rivals in finding ways to perform value chain activities more cost-effectively. E. be considering exiting the current product market and use their competitive low-cost strength to gain a competitive advantage in other product arenas.
Which of the following is true of high-performance work systems?
A. These systems place the least importance on interpersonal skills. B. Employees need to focus on developing technical skills only. C. Total quality management has no relevance to such systems. D. Employees need to understand the entire service and production system.
[The following information applies to the questions displayed below.] Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 25,000unitsUnits sold this year 15,000unitsDirect materials$9per unitDirect labor$11per unitVariable overhead$3per unitFixed overhead$137,500in totalGiven Advanced Company's data, and the knowledge that the product is sold for $50 per unit and operating expenses are $200,000, compute the net income under variable costing.
A. $55,000 B. $67,500 C. $205,000 D. $122,500 E. $80,500