Explain maximum cardinality
What will be an ideal response?
Maximum cardinality describes the maximum number of instances in a given entity class that are allowed to participate in a relationship with a single instance of another entity class. Maximum cardinality is typically represented as being either 1:1 (one-to-one), 1:N (one-to-many), N:1 (many-to-one), or M:N (many-to-many). There is no restriction to only these common values, however, and other maximum cardinalities, such as 1:5 (one-to-five), are allowed.
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What are the three main directions of communication flow discussed in the textbook?
What will be an ideal response?
Which of the following statements about performance planning is NOT accurate?
a. Performance dimensions, measures, and standards are unique to each position. b. Attempts should be made to develop common standards for employees with identical job titles. c. For each performance dimension, the manager must develop specific outcomes and behaviors that will be used to measure the direct report’s performance. d. All of these are accurate statements.
An intangible asset is an asset with no physical form that is valuable because of the special rights it carries
Indicate whether the statement is true or false
Lighthouse Sail Makers manufactures sails for sailboats
The company has the capacity to produce 35,000 sails per year and is currently producing and selling 30,000 sails per year. The following information relates to current production: Sales price per unit $185 Variable costs per unit: Manufacturing $60 Selling and administrative $22 Total fixed costs: Manufacturing $700,000 Selling and administrative $300,000 The fixed manufacturing costs increase by $100,000 for every 500 units produced beyond the maximum capacity of the plant. If a special pricing order is accepted for 5,500 sails at a sales price of $160 per unit, and if the order requires no variable or fixed selling and administrative costs, what is the effect on operating income? A) Operating income increases by $450,000. B) Operating income decreases by $450,000. C) Operating income increases by $550,000. D) Operating income decreases by $550,000.