On-The-Job Training ______.
a. is best done by observing the experienced workers
b. is typically conducted by departmental managers
c. does not need to be planned because it uses experienced personnel
d. forces new employees to “sink or swim”
d. forces new employees to “sink or swim”
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If there is cash involved in a business transaction, the transaction should be recorded in either the ________.
A) cash payments journal or cash receipts journal B) cash payments journal or general journal C) cash payments journal or cash receipts journal and in general journal D) sales journal or purchases journal
Which of the following would be an example of how the world affects us?
a. Leaving home in the winter and exposing ourselves to the cold b. Cold weather, regardless of where we are c. A book that hasn’t been purchased to read d. Negative attitudes of coworkers that are not reciprocated
Entrepreneurial opportunities are those situations in which new goods, services, raw materials and organizing methods can be sold at greater than their production cost.
Answer the following statement true (T) or false (F)
The situation in which fluctuations in orders increase as they move up the supply chain from retailers to wholesalers to manufacturers to suppliers is known as
A) market fluctuations. B) the whiplash effect. C) the bullwhip effect. D) lack of visibility.