A make-to-stock production system is where:
a. items are made for inventory in anticipation of sales orders.
b. items are produced to fill specific customer orders.
c. items are assembled for a specific customer order from an inventory of components
d. both a and c
A
Make-to-stock items are made for inventory in anticipation of sales orders: most consumer products are made this way.
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The current balance sheet of Handyman Inc reports total assets of $20 million, total liabilities of $2 million, and owners' equity of $18 million. Handyman Inc is considering several financing possibilities in order to expand operations. What is the additional amount that Handyman Inc can borrow and not exceed a debt to equity ratio of 0.3?
a. $5.4 million b. $3.4 million c. $5.5 million d. $4.0 million
Define the four types of organization in the competing values framework, and describe the characteristics of each.
What will be an ideal response?
Both indirect materials and indirect labor are overhead costs
Indicate whether the statement is true or false
Which of the following occurs because people have different opinions on important issues in the organization that affect them?
A. supervisory conflict B. process conflict C. affective conflict D. substantive conflict