Effective communication between subordinates and their supervisors depends heavily upon trust

Indicate whether the statement is true or false.


T

Business

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Assuming an organization wants to motivate employees through promotions, and assuming enough opportunities for promotions are available, the organization would want to

A. use a fixed interval promotion policy. B. limit the overlap from one pay range to the next. C. implement a broadband pay structure. D. reduce its compa-ratio to less than 1. E. increase the overlap from one level to the next.

Business

The Norran Company needs 15,000 units of a certain part to use in its production cycle. If Norran buys the part from Waterloo Company instead of making it, Norran could not use the released facilities in another activity; thus, all of the fixed overhead applied will continue regardless of what decision is made. Accounting records provide the following data: Cost to Norran to make the part: Direct

materials, $3 Direct labor, $12 Variable overhead, $13 Fixed overhead applied, $8 Cost to buy the part from the Waterloo Company, $27 In deciding whether to make or buy the part, Norran's total relevant costs to make the part are a. $360,000. b. $240,000. c. $420,000. d. $405,000.

Business

______ refers to the use of strategies to increase the speed with which an organization goes from creativity to delivery.

a. Pace-based competition b. Efficiency competition c. Innovative competition d. Time-based competition

Business

______________ is related to how the customer perceives the firm.

a. Reputational risk b. Supply chain risk c. Physical d. Litigation risk

Business