Arjun ensures that all of the departments and employees under him work together to accomplish strategic and operational objectives. As a manager, Arjun focuses on integration of department activities. Which concept is Arjun utilizing?
a. coordination
b. authority
c. differentiation
d. flexibility
a. coordination
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The inventory purchases budget is based on which budget?
A. Sales budget B. Cash budget C. Selling and administrative expense budget D. None of the choices is correct.
Harrison Industries produces 4,00 . lunch boxes each day. The average number of units in work in process is 12,000 . having an average cost of $60,000 . The annual carrying costs related to inventory are 10%. Consultants have determined that the work in process could be reduced by as much as a third by rearranging the factory floor. What would the throughput time be if Harrison implements the
recommended changes? a. Twelve hours b. One day c. Two days d. Three days
In high-tech transactions, it can be difficult to determine how much to charge for licensing rights to intellectual property. This situation is best described as one of:
a. unit-one costs. b. creative destruction. c. supply and demand. d. tradeability problems. e. knowledge spillovers.
Horizontal analysis of comparative financial statements includes the:
A) development of common-size statements. B) calculation of liquidity ratios. C) calculation of dollar amount changes and percentage changes from the previous to the current year. D) evaluation of financial statement data.