Terminating an employee for the use of illegal drugs is an example of a(n) ________ turnover.
A. involuntary
B. absenteeism
C. external
D. voluntary
E. retentive
Answer: A
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Sellars Inc manufactures widgets. On June 30, the company had 2,000 widgets in inventory. The company's policy is to maintain a widget ending inventory equal to 10% of next month's sales. In addition, each widget manufactured requires 6 minutes of assembly and inspecting time at a cost of $.25 per minute. The company expects the following sales activity for the third quarter of the year: July
25,000 units August 38,000 units September 30,000 units What is the projected direct labor cost for August? A) $55,800 B) $57,000 C) $61,500 D) $58,200
Which of the following statements is true of the Convention on Contracts for the International Sale of Goods (CISG)?
A) Parties to a contract can choose to adhere to all or part of the CISG, or they may select other laws to govern their transactions. B) Traditional contracts on sale of goods are not covered by the CISG. C) The CISG is superseded by the Uniform Commercial Code (UCC) in most states. D) The CISG requires a written contract for a sale of goods of $500 or more.
The potential advantages of Tesla's backward vertical integration strategy include
A. increased business risk for Tesla because it can control a larger portion of the overall industry value chain. B. increased vulnerability to Tesla from powerful suppliers (who may be inclined to raise prices at every opportunity). C. moderately increased risks to Tesla of disruptions in obtaining crucial components or support services. D. enhancement of Tesla's differentiation capabilities and perhaps achieving a differentiation-based competitive advantage. E. reduced costs.
The General Manager (Scenario)Michael is the manager of a production facility. On a routine day, Michael meets with the employees who produce the organization's product. At another time, Michael meets with the production manager, Betty, and the human resource manager, Joyce, to discuss complaints filed by one of the employees in the production department. Michael also spends time on the Internet looking for new technologies that can be used in the production processes of his plant.When Michael meets with Betty and Joyce to discuss a complaint filed by one of the employees in the production department, he requires which of the following managerial skills?
A. technical skills B. human skills C. conceptual skills D. empirical skills