Piper Corporation's standards call for 1,000 direct labor-hours to produce 250 units of product. During October the company worked 1,250 direct labor-hours and produced 300 units. The standard hours allowed for October would be:
A. 1,000 hours
B. 1,200 hours
C. 1,300 hours
D. 1,250 hours
Answer: B
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George, a longtime hotel manager for Holiday Inn, was meeting with Sally, a new front-desk manager, and telling her about his recent decision not to fire a front desk employee about whom several guests had complained. George discussed the four stages of the decision process. He said, "I first identified the problem, and then I gathered alternative solutions. I evaluated each choice and selected a solution. I then implemented my decision to not fire the employee but instead to provide him with additional training. Finally, I followed up with an evaluation of the solution I'd chosen." George is using the ______ process.
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The ownership of ____________________ bonds is recorded in the corporate records
Fill in the blank(s) with correct word
If the Fed decides to tighten monetary policy, it uses _____ to _____ the money supply.
A. defensive open-market operations; decrease B. dynamic open-market operations; increase C. defensive open-market operations; increase D. dynamic open-market operations; decrease
The five product levels add more customer value, and together they constitute a(n) ________
A) core benefit B) basic product C) augmented product D) customer-value hierarchy E) expected product