Which of the following is included in the cost of a plant asset?
A) amounts paid to make the asset ready for its intended use
B) regular repair and maintenance costs
C) replacement of damaged parts of the asset
D) wages of workers who use the asset in normal operations
Answer: A
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Shorter lead times result in a higher level of backup stock required to maintain the same level of product availability.
Answer the following statement true (T) or false (F)
In their discussion about management and leadership, Bennis and Nanus said that leaders ______.
A. “do things right” B. “do the right thing” C. “do what followers want” D. “do enough to get the job done”
Sullivan Consumer Products Co asks its employees to apply four tests in determining whether their behavior violates Title VII with respect to sexual harassment. Which of the following is one of the four tests?
a. Would your friends be impressed with your behavior? b. Do you think your behavior is humorous? c. Would your behavior help you to get a promotion? d. Would you like your behavior reported in your local newspaper?
Which of the following can cause an individual to act on the basis of a distorted picture of reality?
a. stereotypes b. probability thinking c. security hunting d. process thinking