Surplus is typically associated with which type of constraints?
A) ?
B) ?
C) =
D) ?
E) ±
B
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Suppose that Japan levies a 40 percent tariff on pickup trucks and a 20 percent tariff on engines. The effective rate of protection on pickup trucks
a. is higher with the tariff on engines. b. is lower with the tariff on engines. c. is the same with or without the tariff on engines. d. is equal to the tariff on engines.
Which of the following statements is true of the salary-only approach?
A. The salary-only approach is useful when an organization emphasizes serving and retaining existing accounts. B. The salary-only approach is useful when an organization emphasizes generating new sales and accounts. C. The salary-only approach is useful only when an organization is compensating experienced sales executives. D. The salary-only approach is not useful in compensating sales representatives who are new to the job.
Pay policies are more open in the public sector than in the private sector.
Answer the following statement true (T) or false (F)
In the context of management, which of the following statements is true of controlling?
A. It refers to monitoring performance and making adjustments as needed. B. It refers to determining a structure for both individual jobs and the overall organization. C. It refers to determining organizational goals and action plans for how to achieve those goals. D. It refers to directing and motivating people to achieve organizational goals.