The lack of a __________ in an organization can be a root cause of the failure of lean implementation.
What will be an ideal response?
Lean culture
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When employers amend pension plans to increase benefits to participants, which one of the following is created?
A. Prior service cost B. Cumulative obligation gain or loss C. Transition liability D. Transition asset
The requirement that all restaurants declare that the meat is "halal" is based on Islamic Laws
Indicate whether the statement is true or false
The Mallak Company produced three joint products at a joint cost of $100,000. Two of these products were processed further. Production and sales were:ProductWeightSalesAdditional Processing CostsP300,000lbs.$245,000 $200,000 Q100,000lbs. 30,000 -0- R100,000lbs. 175,000 100,000 Assume Q is a by-product and Mallak uses the cost reduction method of accounting for by-product cost. If estimated net realizable value is used, how much of the joint costs would be allocated to product R?
A. $62,500. B. $38,889. C. $43,750. D. $50,000.
Parties in conflict tend to fall into a psychological trap called the fundamental attribution error, which means they
A. have inflated their negotiating position to the point that there is no apparent zone of agreement. B. attempt to deal with differences in ideology by forcing their views on others. C. believe they can exercise coercive power to levy costs on the other party. D. tend to blame others when things go wrong but take personal credit for success.