________ is a ranking process that involves ranking the best employee, then the worst employee, then the next best and worst, and so on.

A. Alternation ranking
B. Performance outcome scale
C. Behaviourally anchored rating scale
D. Paired comparison ranking
E. Management by objectives


Answer: A

Business

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The following data were taken from the accounting records of the Mixing Department of Kappa Corporation which uses the weighted-average method in its process costing system:  Beginning work in process inventory:   Cost$19,000 Units 30,000unitsPercent completion with respect to materials 100%Percent completion with respect to conversion 60%Units completed and transferred out 82,000unitsCost per equivalent unit:   Material$1.50 Conversion$0.75 The cost of units transferred out was:

A. $145,000 B. $167,500 C. $184,500 D. $149,500

Business

Answer the following statements true (T) or false (F)

1. A transitory career path involves a series of alternating promotions and demotions.  2. Planning helps managers to cope with events that can be predicted but is not particularly helpful when conditions are uncertain.  3. Planning occurs only at the highest levels of an organization, being done by top managers.  4. Planning and strategic management derive from an organization's mission and vision about itself. 

Business

________ serve as visible markers to flaunt membership in higher social classes

A) Heuristics B) Psychographics C) Status symbols D) Reference groups E) Attitudes

Business

With level schedules, a few large batches, rather than frequent small batches, are processed

Indicate whether the statement is true or false

Business