The distribution department at Golden Grains Wheat Company has decided to adopt the FIFO (first in, first out) method of inventory to dispatch its bags of wheat. Which of the following strategies does this scenario best illustrate?
A. corporate strategy
B. functional strategy
C. master strategy
D. business strategy
Answer: B
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Individuals with a learning orientation are less likely to ______.
a. receive and accept negative feedback b. have blind spots c. communicate through electronic media d. to fully develop as leaders
Answer the following statements true (T) or false (F)
1) An investment today of $8,424 at 6% will yield payments of $2,000 per year for five years, or total payments of $10,000 over five years. The reason for this increase is that the interest is being earned on principal that is left invested each year. 2) When computing the present value, the interest rate will vary depending on the amount of risk. Riskier investments, such as FDIC-insured bank deposits, command higher interest rates. 3) When computing the present value, the interest rate will vary depending on the amount of risk. Safer investments, such as FDIC-insured bank deposits, yield lower interest rates. 4) Discounted cash flow methods incorporate compound interest by assuming that companies will reinvest future cash flows when they are received. 5) Net present value is defined as the difference between the present value of the investment's net cash inflows and the investment's initial cost.
In deciding whether or not a segment of a business should be eliminated, attention should be on
a. sales minus total expenses of the segment. b. sales minus total variable expenses and avoidable fixed expenses of the segment. c. sales minus total direct expenses of the segment. d. the segment's net income.
Which of the following types of charts can only classify an item as defective or nondefective?
a. p-charts b. c-charts c. mean-charts d. range charts