When getting bad news from people of other cultures, how can you be sure of the message?
A) Listen carefully to what is said, and what is not said
B) Ask them to put the response in writing
C) Repeat their responses back to them
D) Ask for direct, specific responses
E) Assume the news is good unless there is a clear indication otherwise.
Answer: A
Explanation: A) When you communicate with people from different cultures, listen very carefully to be sure you hear the bad news, and do not assume a positive answer. Similarly, you may need to change the way you deliver bad news—and even good
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It is generally agreed that globalization:
a. Intensifies social relations over ever-greater distances b. Links different and previously separated peoples and locales c. Transforms the spatial and temporal organization of social relations and transactions d. All of the above
Which country is considered to have the most complicated distribution system?
A. India B. Germany C. Canada D. United States E. Japan
Robins Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to Cost of Goods Sold. There is no variable manufacturing overhead. The standard cost card for the company's only product is as follows:InputsStandard Quantityor HoursStandard Price or RateStandard CostDirect materials3.8pounds$9.50per pounds$36.10Direct labor0.80hours$18.50per hour 14.80Fixed manufacturing overhead0.80hours$18.00per hour 14.40Total standard cost per unit $65.30The standard fixed manufacturing overhead rate was based on budgeted fixed manufacturing overhead of $360,000 and budgeted activity of 20,000
hours.During the year, the company completed the following transactions:a. Purchased 134,700 pounds of raw material at a price of $9.10 per pound. b. Used 122,080 pounds of the raw material to produce 32,100 units of work in process.c. Assigned direct labor costs to work in process. The direct labor workers (who were paid in cash) worked 26,680 hours at an average cost of $17.20 per hour. d. Applied fixed overhead to the 32,100 units in work in process inventory using the predetermined overhead rate multiplied by the number of direct labor-hours allowed. Actual fixed overhead costs for the year were $378,400. Of this total, $297,400 related to items such as insurance, utilities, and indirect labor salaries that were all paid in cash and $81,000 related to depreciation of manufacturing equipment. e. Completed and transferred 32,100 units from work in process to finished goods. Assume that all transactions are recorded on the below worksheet, which is similar to the worksheet shown in your text except that it has been divided into two parts so that it fits on one page. The beginning balances in each of the accounts have been given. PP&E (net) stands for Property, Plant, and Equipment net of depreciation.?CashRaw MaterialsWork in ProcessFinished GoodsPP&E (net)?1/1$1,000,000$28,880$0$84,890$566,900=a.?????=b.?????=c.?????=d.?????=e.?????=?Materials Price VarianceMaterials Quantity VarianceLabor Rate VarianceLabor Efficiency VarianceFOH Budget VarianceFOH Volume VarianceRetained Earnings1/1$0$0$0$0$0$0$1,680,670a.???????b.???????c.???????d.???????e.???????When the work in process is completed and transferred to finished goods in transaction (e) above, the Finished Goods inventory account will increase (decrease) by: A. $2,098,894 B. $2,096,130 C. ($2,096,130) D. ($2,098,894)
Which of the following views is most consistent with mainstream economics?
A. The NLRA should be tightened to make it harder for employers to violate the law B. The NLRA should be repealed C. The NLRA should be loosened to make it easier for unions to organize D. The NLRA should be replaced with transformative labor law that models, for example, a works council approach