Which of the following value chain activities is concerned with managing the organization,
including planning, finance, and legal affairs?
A) operations B) procurement
C) infrastructure D) human resource management
C
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Which of the following capital expenditure planning and control techniques has been criticized because it might mistakenly imply that earnings are reinvested at the rate of return earned by the investment?
a. payback method b. accounting rate of return c. net present value method d. internal rate of return
Generally, tax-deferred retirement plans are not required to make distributions to beneficiaries.
Answer the following statement true (T) or false (F)
Homeowner hired a plumber to work on a leaky water line. The plumber demonstrated to and informed the homeowner how to cut off the water at the connecting line to the city system in the event the leak got worse before the plumber could return with
all the proper parts. Homeowner intentionally neglected to shut the water off and incurred a water bill from the city for $400 more than the usual bill. Homeowner is now suing the plumber. The plumber should argue that the homeowner failed to: A) mitigate the damages. B) mitigate the contract. C) agree to equitable remedies. D) agree to specific performance.
With _____ layers of management and a focus on team-based organization, the role of managers and supervisors is substantially _____ in an environment of high-performance work systems.
A. fewer; different B. greater; different C. fewer; similar D. greater; similar