Arman joins the human resource department at SmartFuel Inc., where the production workers are represented by a union. Which goal would Arman most likely be expected to work toward in supporting any negotiations with the union?
A. making managers and workers into adversaries
B. discouraging employees from forming a union
C. ensuring a regular flow of new members into the union
D. keeping operations flexible and retaining some control over schedules
E. raising the value of workers' compensation package
Answer: D
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An auditor obtains knowledge about a new client's business and its industry in order to:
A. understand the events and transactions that may have an effect on the client's financial statements. B. evaluate whether the aggregation of known misstatements causes the financial statements taken as a whole to be materially misstated. C. develop an attitude of professional skepticism concerning management's financial statement assertions. D. make constructive suggestions concerning improvements to the client's internal control.
Francesca is building her founding team. She knows that fundraising will be important over the next year and thus is looking for someone with strong fundraising skills. She hopes to be financially self-sufficient at the end of the year. Later, she hopes to be able to build a strong sales, marketing, and operations teams with representation across the nation. What strategy should Francesca use in building her team?
What will be an ideal response?
A firm should consider vertical integration when
A. customer needs are evolving. B. the suppliers of raw materials to the firm are unable to maintain quality standards. C. the competitive situation is highly volatile. D. the suppliers of the firm willingly cooperate with the firm.
________________ achieved great success by managing information, while _________ was unsuccessful at managing information.
A. Samsung electronics, staples. B. Staples, Samsung electronics. C. Office max, staples. D. Staples, office max.