Answer the following statements true (T) or false (F)
1. Job applicants should use the business letter format of written communication to write cover letters for job applications.
2. Anyone being asked to write a letter of recommendation should be specifically asked if they would be willing to write a favorable letter.
3. Process directives are a form of written communication that addresses changes in company policies.
4. Written proposals should only include bulleted lists of objectives.
5. Interview data is a type of qualitative information included in business reports.
1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. TRUE
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Which of the following describes the allocation base for allocating manufacturing overhead costs?
A) the primary cost driver of indirect manufacturing costs B) the estimated base amount of manufacturing overhead costs in a year C) the percentage used to allocate direct labor to Work-in-Process Inventory D) the main element that causes direct costs
Which of the following is NOT an example of a secondary data source for a company researching whether it should open a casino near St. Louis, Missouri?
A) U.S. Census reports on St. Louis growth patterns B) a survey commissioned by the company asking St. Louis residents about their gambling habits C) the stockholders' report from a casino that currently operates in St. Louis D) a trade organization report on the tourism industry in Missouri E) an academic study of the growth of online gambling activities
Tom, Susie, and Bill are tired of working for a large company. They want to start their own business. They decide to meet in Tom's garage for as long as it takes to determine a societal problem that needs fixing. Once they figure out this problem they want to figure out a product or service that will solve this problem. According to the innovative process described in your text, this scenario describes which stage in the innovation process?
a. Problem solving b. Implementation and diffusion c. Brainstorming d. Idea generation
The ______ collaborative alliance with foreign firms within an international organization typically requires a contractual agreement and is often indicated by broader involvement.
Fill in the blank(s) with the appropriate word(s).