Which of the following best describes the goal for a firm's inventory and transportation costs?
A. minimize the sum of inventory and transportation costs
B. maximize the difference between required inventory and transportation costs
C. focus more on minimizing required transportation costs
D. focus more on minimizing required inventory costs
E. set a level of transportation costs and minimize the required inventory costs
Answer: A
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Miranda understands that sometimes people work on a task because they find it interesting and not because of an external reward they may receive. Miranda understands the concept of ______.
A. social learning B. operant conditioning C. intrinsic motivation D. extrinsic motivation
An egalitarian pay structure is different from hierarchical pay structure in that:
A. the egalitarian pay structure supports a fit that is tailored. B. the pay differentials between the levels in an egalitarian pay structure are large. C. the egalitarian pay structure supports equal treatment of employees. D. the egalitarian pay structure supports individual performers more than teams. E. the job structure in an egalitarian pay structure has greater number of levels.
Craig is an accountant whose clients include Deep Excavation Corporation. Elbert is Craig's attorney. Under the common law and by statute in many states, working papers that Craig develops when preparing financial reports for Deep Excavation are owned by
a. Craig. b. Deep Excavation. c. Elbert. d. no one—the papers must be destroyed immediately after use.
Why is intermodal transportation often desirable for firms?
What will be an ideal response?