Referring to Hall's high and low context framework, in a high context culture
A. the context is irrelevant.
B. communication is explicit.
C. the context carries much of the communication.
D. communication is direct and focused on the topic.
Answer: C
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A) phrase the apology in a conditional manner ("If I have offended anyone ..."). B) imply that not all of the blame lies with you or your company. C) be sincere and make it a true apology. D) always demonstrate sincerity, but never accept blame. E) always urge the reader to avoid legal action.
Errors that can be attributed to sources other than sampling are called nonsampling errors
Indicate whether the statement is true or false
A firm that successfully pursues a steeper-than-industry-average learning curve and manages costs down may still fail if, by underestimating a strong competitor, it fails to gain the added volume necessary for the learning curve to exist
Indicate whether the statement is true or false
Gravity Manufacturing produces a chemical pesticide and uses process costing
There are three processing departments-Mixing, Refining, and Packaging. On January 1, the first department-Mixing-had no beginning inventory. During January, 41,000 fl. oz. of chemicals were started in production. Of these, 32,000 fl. oz. were completed, and 9,000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly through the process. The weighted-average method is used. At the end of January, the equivalent unit data for the Mixing Department were as follows: WHOLE UNITS Equivalent Units Equivalent Units Units accounted for Direct Materials Costs Conversion Costs Completed and transferred 32,000 32,000 32,000 Ending work-in-process* 9,000 9,000 3,600 41,000 41,000 35,600 * Percent complete for conversion costs: 40% In addition to the above, the costs per equivalent unit were $1.80 for direct materials and $5.25 for conversion costs. Using this data, calculate the cost of the units that were transferred out of the Mixing Department and into the Refining Department. A) $168,000 B) $110,400 C) $225,600 D) $57,600