Sari's Bakery orders 60 pounds of flour and 40 pounds of sugar each week in addition to other ingredients. It also requires packaging for the finished baked goods. Bringing these materials to the bakery involves
A. materials handling.
B. physical distribution.
C. product management.
D. outbound logistics.
E. inbound logistics.
Answer: E
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Which of the following statements is true about variable costs?
A) The corporate jet expenditure is an example of a variable cost. B) These costs must be recovered by the price. C) The marketing manager's salary is an example of a variable cost. D) These costs are independent of sales volume.
Which is not a strength of LMX?
A. It looks at dyadic relationships in the leadership process. B. It accurately describes the in- and out-group process. C. Research substantiates how LMX is related to organizational outcomes. D. It runs counter to the human value of fairness.
Answer the following statements true (T) or false (F)
1. College educated black workers make about the same as white workers with similar college degrees. 2. Research supports that blacks are at a disadvantage when they are evaluated in terms of their leadership ability, as they are negatively stereotyped, which leads to poorer prospects for career advancement. 3. Research suggests that black, Hispanic, and Asian women have a higher desire to be promoted to top executive positions than white women and men. 4. As it relates to the legal requirements regarding religious diversity, the term undue hardship refers to the need to pay premium wages or other costs to accommodate an employee’s religious rights.
The going-concern assumption holds that the business entity will continue its operations long enough to realize its projects, commitments, and ongoing activities. The assumption is that the entity is not expected to be liquidated in the foreseeable
future or that the entity will continue for an indefinite period of time. Explain the relationship between the going-concern assumption and the historical cost principle and the amortization of assets.