______ differentiation refers to the number of different types of jobs that exist in an organization’s structure.
A. Vertical
B. Spatial
C. Cultural
D. Horizontal
D. Horizontal
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Residual income is the
a. difference between the net sales that the analyst expects the firm to generate and the required earnings of the firm. b. difference between the net income that the analyst expects the firm to generate and the required earnings of the firm. c. difference between the common stock that the analyst expects the firm to issue and the required earnings of the firm. d. difference between the expenses that the analyst expects the firm to generate and the required earnings of the firm.
If variable costs increase by 5% without a corresponding increase in selling price, the number of units needed to breakeven will ________.
A) decrease B) remain the same C) increase D) cannot be determined
Answer the following statements true (T) or false (F)
1. In general, world currencies are not important with respect to international business. 2. The functional currency is the currency the firm uses in a foreign country. 3. A forward contract is an option. 4. Futures contracts can perform the same function as a forward contract. 5. Options contracts differ from forward and future contracts as the investor does not have to buy or sell the underlying asset at a future point in time.
Chris is a manager at Sifco Inc. He provides all his employees with cross-training, where employees are provided training in the skills required to perform more than one job. In order to motivate his employees by making their jobs more interesting, Chris is using job ________.
A. enrichment B. rotation C. sharing D. enlargement