List at least two factors that should be considered in a make or buy decision
· Are the relevant costs of buying the item lower than the relevant costs of making the item internally?
· Can the supplier provide a sufficient quantity to meet the company's current and future needs?
· Do the supplier's items meet product and quality specifications?
· Is the supplier reliable?
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Describe the social costs that women leaders experience for promoting themselves.
What will be an ideal response?
To be a close corporation, the business must be small, with no more than 20 owners, trade its stock publicly, and have no more than $500,000 in gross annual income
Indicate whether the statement is true or false
Bob has been running the Handy Hardware Store for a few years now. As the business grew, he hired several mechanics who are now middle-aged and good at their jobs. Bob's son, Billy, is just out of college. Bob would like his son to take over the business, but is concerned that the middle-aged workforce might not receive the right guidance for the execution of the business from young Billy. He is also concerned about the displeasure the other employees might have at hiring Billy to run the business. Which of the following is the best course for Billy to take so that he can be hired in his father's company?
A. Billy should promise to work longer and harder than anyone else as it is the family's business. B. Billy should turn down other job offers remain unemployed until he is hired at Handy Hardware Store. C. Billy should urge his father to give him the top position immediately. D. Billy should seek a job in another company of the same industry, gain experience, and then join Handy Hardware Store.
Why is two-way communication typically preferred over one-way communication?
What will be an ideal response?