Which federal law increased the responsibility of pension plan trustees to protect retirees?
A. the Employee Retirement Income Security Act (ERISA)
B. the Fair Labor Standards Act (FLSA)
C. the Age Discrimination in Employment Act (ADEA)
D. the Americans with Disabilities Act (ADA)
E. the Consolidated Omnibus Budget Reconciliation Act (COBRA)
Answer: A
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Retailers have category managers who are empowered to:
A) operate their categories as separate businesses. B) merge with other companies as they see fit. C) make significant investments in international countries. D) relocate their retail locations to meet their satisfaction.
According to your textbook, new organizational forms are:
a. Irritating and annoying pieces of paper that must be filled out b. Flowery rather than pyramids c. Models that are defined by being antithetical to bureaucracy d. All of the above
The inventory conversion period of a firm is equivalent to the average age of its inventory.
Answer the following statement true (T) or false (F)
Which of the following statements about ERP systems is BEST?
A) Recent studies have shown that the most successful ERP implementations use standardized systems. B) ERP systems written in XML require complete replacements of a company's legacy systems. C) A company must adapt their ERP system to their existing processes in order for all employees to gain a benefit from the new system. D) An ERP system requires a regular synchronization of all of the module databases, which is usually accomplished automatically when the business is not conducting business.