A ________ fund is used to make cash disbursements of small amounts to avoid the time and cost of writing checks.
Fill in the blank(s) with the appropriate word(s).
petty cash
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Which of the following is a key performance indicator of the customer perspective in a balanced scorecard?
A) defect rate B) employee satisfaction C) gross margin growth D) number of repeat customers
Answer the following statement(s) true (T) or false (F)
1. Forecasts that use historical demand to predict future demand are known as associative forecasts. 2. Quantitative forecasting techniques are best suited for long-term forecasts. 3. A donut shop located at a popular beach experiencing demand that fluctuates with the tourist seasons is experiencing cyclical variation in demand. 4. Forecasters should expect to see random variation in virtually all demand. 5. Averaging fewer periods tends to make the moving average forecast more responsive.
Individual staffing decisions reflect the overall firm-level staffing strategy mentioned previously, whether or not this strategy is made explicit. Which of the following is NOT one of the reasons organizations typically transfer personnel internationally?
A. To fill a technical requirement B. To develop the manager C. To develop the organization D. To provide the manager with a vacation
A plan that is put in place to deal with risks after they occur is referred to as?
a. Mitigation b. Contingency c. Exception d. Outlier