List and describe the seven departments commonly found in most organizations.
What will be an ideal response?
Accounting provides quantitative information about the finances of the business including recording,
measuring and describing financial information. Finance deals with the strategic financial issues
associated with increasing the value of the business, while observing applicable laws and social
responsibilities. Human resource management (HR) includes the policies, plans and procedures for the
effective management of employees (human resources). Sales are the function of selling a good or service
and focuses on increasing customer sales, which increases company revenues. Marketing is the process
associated with promoting the sale of goods or services. The marketing department supports the sales
department by creating promotions that help sell the company's products. Operations management (also
called production management) includes the methods, tasks and techniques organizations use to produce
goods and services. Transportation (also called logistics) is part of operations management. Management
information systems (MIS) is the function that plans for, develops, implements and maintains IT
hardware, software and applications that people use to sup port the goals of an organization.
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Which of the following value(s) for RMSEA are considered conservative?
A) 0.04 B) 0.06 C) 0.90 D) 0.99 E) A and B
Material Safety Data Sheets
A. replace the Hazard Communication Standard under federal employee safety law. B. are safety data collection instruments that were ruled illegal by the U.S. Supreme Court. C. are a primary method of informing employees about health risks and handling instructions associated with chemicals and potentially hazardous substances. D. are sheets used by transportation workers such as truck drivers to reduce absenteeism.
A representative product taken from a lot or batch, evaluated, and purchased refers to
A. homogeneous selection. B. description. C. trust. D. negotiated inspection. E. sampling.
Agent's Duties to Principal. Sam Kademenos was about to sell a $1 million life in-surance policy to a prospective customer when he resigned from his position with Equitable Life Assurance Society. Before resigning from the company, he had expended
substantial amounts of company money and had utilized Equitable's medical examiners to procure the $1 million sale. After resigning, Kademenos joined a competing insurance firm, Jefferson Life Insurance Co, and made the sale through it. Has he breached any duty to Equitable?