A closed loop system deals with
a. green laws.
b. both forward and reverse flows.
c. waste flow.
d. recycling.
b,
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Answer the following statements true (T) or false (F)
1. When Angela, a new nurse was hired at Mercy Hospital, the HR manager gave her a handout containing a chart that showed a family-tree-like pattern of boxes and lines. This document, which shows the formal lines of authority and the organization's official positions and work specializations, at the hospital is called an organization chart. 2. The arrangement of having discrete parts of a task done by different people is known as division of labor. 3. Tom's Hardware has a simple organizational structure. There are no levels of middle management, because all employees report to the owner, Tom, or to his assistant managers. Tom's Hardware has a thin organizational structure. 4. Two advantages of decentralization are that (1) managers are encouraged to solve their own problems, and (2) decisions are made more quickly, increasing the organization's flexibility and efficiency.
Answer the following statements true (T) or false (F)
1. Organizational Stewards develop transactional relationships with their organizations. 2. Social auditing is becoming a common business practice. 3. There is no guarantee the higher CSR will lead to higher company profits. 4. At the foundation level of CSR, an organization must be profitable otherwise they could go bankrupt and may not be able to carry on. 5. Corporate advocacy is purely for monetary gains.
Morris Inc manufactures two products: Widgets and Gizmos. Widgets have a contribution margin per unit of $30 and require 2 hours of direct labor while Gizmos have a contribution margin per unit of $39 and require 3 hours of direct labor. A. In the
short-run, how should the company choose which product to produce or sell first if direct labor hours are a constraint? B. Assuming there is sufficient demand for each of these products, which of the above products should the company maximize production of first? Show calculations to support your answer.
Several months ago, Veronica took over the sales territory managed by a very successful salesperson. Veronica should use ________ as a first source of leads.
A. competitor databases B. chamber of commerce gatherings C. current customers D. census data E. trade shows