The transfer of ‘back office’ organisational functions such as IT, HRM, finance and accounting to an overseas service provider is referred to as which of the following:
a. business process re-engineering
b. task specialisation
c. functional flexibility
d. business process outsourcing
d. business process outsourcing
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If $50,000 of fixed costs will be eliminated by dropping the football helmets line, how will dropping football helmets affect operating income of the company?
Crash Sports, Inc. has two product lines—batting helmets and football helmets. The income statement data for the most recent year is as follows:
A) Operating income will increase by $50,000.
B) Operating income will increase by $70,000.
C) Operating income will decrease by $90,000.
D) Operating income will decrease by $20,000.
What is the key lesson behind Chapter 10's opening scenario on Justine Sacco and her experiences with Twitter?
A) Social media giveth, and social media taketh away. B) Twitter can be an excellent career-building tool. C) Public relations professionals should avoid social media. D) Facebook would have been a smarter choice in this case.
______ consists of preparing a detailed report of the simulation study.
a. Experimentation b. Model formulation c. Documentation d. Validation
Brie is a student at Collegiate University. In need of funds to pay for tuition and books, Brie asks Dependable Bank for a short-term loan. The bank agrees to make a loan if Brie will have someone who is financially responsible guarantee the loan payments. Esperanza, a well-known businessperson and a friend of Brie's family, calls the bank and agrees to pay the loan if Brie cannot. Because of Esperanza's reputation, the loan is made. Brie is making the payments, but because of illness she is unable to work for one month. She asks Dependable extend the loan for three months. The bank agrees, raising the interest rate for the extended period. Esperanza is not notified of the extension (and thus does not consent to it). One month later, Brie drops out of school. All attempts to collect the
remainder of the loan from Brie fail. Can Dependable assert a claim against Esperanza on the debt? What will be an ideal response?