ABC has been criticized for a variety of reasons. Discuss these criticisms
The first criticism of ABC is that it requires significant support throughout the firm if is implementation is to be successful. There are many individual, organizational, and environmental barriers that may exist within a company, and these barriers require not only considerable time but also significant monetary resources. Another criticism of ABC is that ABC does not adhere to generally accepted accounting principles. An ABC system might allocate non-product costs (research and development) to products, while not allocating some traditional product costs (factory depreciation on machines) to products. Some companies have implemented ABC for internal reporting purposes while continuing to use a more traditional system for external reporting purposes. Doing so increases reporting costs for the firm.
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Kirk's Comic Store has its own mobile app that users can download for free. The app lets users know about special events, discounts, and merchandise currently available in the store
Which of the following forms of marketing is exemplified from this scenario? A) social media marketing B) kiosk marketing C) direct-response television marketing D) mobile marketing E) direct-mail marketing
A trend projection equation with a slope of 0.78 means that there is a 0.78 unit rise in Y per period
Indicate whether the statement is true or false
The use of rapidly advancing IT in business has
A. increased vertical information flow. B. popularized centralized decision making. C. emphasized the need for vertical communication. D. resulted in taller organizational hierarchies. E. reduced the need for face-to-face communication.
Spotted Frog Winery California, produces 75,000 cases of wine a year. It employs 52 full-time workers and, during harvest, another 25 people as pickers. During the 2011 harvest, some employees were unhappy about working conditions and discussed unionizing. They contacted the Winery Workers of America (WWA) for help. Spotted Frog management was upset. If it had to pay workers more (as the union
promised), the winery would lose its slim profits. Believing he was acting correctly, the president distributed a memo stating that any employee caught discussing unionization would be fired. Pierre, the wine master at Spotted Frog, was furious about the memo and became an advocate for the union cause. Management would not fire Pierre because he gave their wine its unique taste. But they did fire ten employees who spoke with Pierre. WWA collected authorization cards from employees, requested a representation election, and won a close election. The union, with Pierre as its agent, began negotiating a collective bargaining agreement. Negotiations went badly as the management rejected every proposal. WWA called a strike against Spotted Frog. After two weeks, management caved in and signed a contract, so its employees returned to work. As Pierre entered the winery, he did not see some grape skins on the floor. He slipped and was injured. Under the NLRA, the memo written by Spotted Frog's president, threatening to fire workers who discussed unionization is: a. legal so long as the threat is not carried out b. legal so long as the union had threatened the management c. illegal as an unfair labor practice d. illegal on constitutional grounds e. legal so long as the threat is not carried out and legal so long as the union had threatened the management