In the context of maintaining flexibility while planning, unlike traditional planning, options-based planning:

a. involves committing people and resources to a particular course of action.
b. involves making large investments in many alternative plans over a long period of time.
c. reduces flexibility.
d. involves maintaining slack resources.


Answer: d. Involves maintaining slack resources

Business

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Consumer research conducted in Mexico and Saudi Arabia used different sampling techniques for the same study

In Mexico, ________ was used by having experts identify neighborhoods where the target respondents lived; homes were then randomly selected for interviews. In Saudi Arabia, ________ employing the snowball procedure was used because there were no lists from which sampling frames could be drawn and social customs prohibited spontaneous personal interviews. A) systematic sampling; convenience sampling B) systematic sampling; quota sampling C) judgmental sampling; convenience sampling D) quota sampling; judgmental sampling

Business

Bukowitz Inc has a favorable direct labor rate variance. Which of the following would be the most likely reason for this variance?

A) The company used lower-paid workers in the production process more than they had expected. B) Employees took a shorter amount of time to produce the product than expected. C) The company used a standard direct labor rate that was too low. D) Employees used less direct materials in the production process than expected.

Business

When direct labor costs are recorded in a job costing:

A. Cost of Goods Manufactured is debited and Direct Labor is credited. B. Direct Labor and Indirect Labor are debited and Factory Wages Payable is credited. C. Work in Process Inventory is debited and Factory Overhead is credited. D. Work in Process Inventory is debited and Factory Wages Payable is credited. E. Factory Wages Payable is debited and Work in Process Inventory is credited.

Business

Rapport is a mutual trust, emotional similarity, and natural personal attraction. _________________________

Answer the following statement true (T) or false (F)

Business