The practices that organizations and their managers use for identifying, creating, acquiring, developing, dispersing, and exploiting competitively valuable knowledge is known as

A. international strategy.
B. value analysis.
C. competitive advantage.
D. internalization.
E. knowledge management.


Answer: E

Business

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"The difference between actual hours worked and standard hours allowed for the good units produced, multiplied by the standard labor rate" is a description of the

A) direct labor rate variance. B) direct labor efficiency variance. C) total direct labor cost variance. D) direct labor quantity variance.

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Avoiding the use of the second person and using subjunctive mood are two writing techniques that worsen the tone of a negative idea

Indicate whether the statement is true or false

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The paperwork that is filed with the court to initiate and respond to a lawsuit is referred to as the pleadings

Indicate whether the statement is true or false

Business

Garza Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:  CastingCustomizingMachine-hours 20,000 13,000Direct labor-hours 1,000 7,000Total fixed manufacturing overhead cost$152,000$68,600Variable manufacturing overhead per machine-hour$2.10  Variable manufacturing overhead per direct labor-hour  $4.30The predetermined overhead rate for the Casting Department is closest to:

A. $9.70 per machine-hour B. $2.10 per machine-hour C. $7.60 per machine-hour D. $27.71 per machine-hour

Business