WBS stands for which of the following project management tools?
A) work break schedule
B) work breakdown status
C) work breakdown schedule
D) work breakdown structure
E) work break status
D
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In most organizations, the first step in the personnel selection process is
A. screening the applications to see which ones meet the basic requirements for the job. B. inviting candidates with the best abilities to the organization for one or more interviews. C. verifying the applicants' qualifications through reference and background checks. D. negotiating with the employee regarding salary and benefits. E. administering tests and reviewing work samples to rate the candidates' abilities.
Firms are abandoning Activity Based Costing (ABC) because
a. it does not facilitates the analysis of variances b. it is complex and time consuming c. it does not recognize the importance of direct labor as a component of total manufacturing cost d. the financial nature of the reports does not permit comparisons to be made among different types of products
Discuss the concepts of advertainment and branded entertainment
What will be an ideal response?
The product life-cycle concept from microeconomics and marketing provides useful insights into the relations between cash flows from operating, investing, and financing activities. When a product matures,
a. operations generate positive cash flow, enough to finance expenditures on property, plant, and equipment. b. firms use the excess cash flow to repay borrowing from the introduction and growth phases and to begin paying dividends to shareholders. c. capital expenditures usually maintain, rather than increase, productive capacity. d. all of the above e. none of the above