How might power through the use of chronemics be displayed in the workplace?
What will be an ideal response?
(varies) Time is used to denote power and role differences in the workplace. Your boss might keep you waiting while she or he is talking on the phone because doing so communicates a difference in power such that her or his time is more valuable than yours. Or someone going in for a job interview may be compelled to be right on time to increase perception of reliability while the interviewer does not feel pressure to start the interview on time.
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Which one of the following is not an example of an additional procedure that typically relates to the discovery of subsequent events?
a. Partner review of all workpapers. b. Reading interim financial statements and comparing them to the audited statements to note significant changes. c. Reading the board of directors' minutes for all meetings during the year and after year- end through the end of field work. d. Management inquiry.
Sundial Company manufactures and sells watches for $42 each. Tick-Tock Company has offered Sundial $30 per watch for a one-time order of 5900 watches. The total manufacturing cost per watch is $28 per unit and consists of variable costs of $20 per watch and fixed overhead costs of $8 per watch. Assume that Sundial has excess capacity and that the special pricing order would not adversely affect regular sales. What is the change in operating income that would result from accepting the special sales order?
A) increase of $59,000 B) decrease of $59,000 C) increase of $177,000 D) decrease of $177,000
Describe how a firm might use make-versus-buy analysis to determine whether or not to purchase a new piece of equipment or to continue to buy product from a supplier. Give a hypothetical example of a company that might face this decision.
What will be an ideal response?
For a company to achieve strategic fit, it must accomplish the following keys:
A) All functional strategies must fit together to form a coordinated overall strategy. B) The different functions in a company must appropriately structure their processes and resources to be able to execute these strategies successfully C) The overall supply chain must operate at the lowest cost possible to achieve success. D) The design of the overall supply chain and the role of each stage must be aligned to support the supply chain strategy.