Diverse and global teams are one of the most consistent sources of competitive advantage for any organization.

Answer the following statement true (T) or false (F)


True

According to many international consultants and managers, diverse and global teams are one of the most consistent sources of competitive advantage for any organization.

Business

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The following data is given for the Happy Company: Budgeted production 1,000 units Actual production 980 units Materials: Standard price per lb $2.00 Standard pounds per completed unit 12 Actual pounds purchased and used in production 11,800 Actual price paid for materials $23,000 Labor: Standard hourly labor rate $14 per hour Standard hours allowed per completed unit 4.5 Actual labor hours

worked 4,560 Actual total labor costs $62,928 Overhead: Actual and budgeted fixed overhead $27,000 Standard variable overhead rate $3.50 per standard labor hour Actual variable overhead costs $15,500 Overhead is applied on standard labor hours. The direct labor rate variance is: A) 912U B) 912F C) 2,100U D) 2,100F

Business

Independent federal administrative agencies are federal agencies responsible for enforcing specific administrative statutes enacted by Congress

Indicate whether the statement is true or false

Business

Which of the following is the prescribed remedy when the bullwhip effect is caused by shortage gaming?

A) share demand information B) channel coordination C) increase capacity D) price stabilization E) allocate orders based on past demand

Business

The customary manner of disclaiming the indorser's contractual liability is to add which of the following sets of words before or after his signature?

A) For collection only B) Without recourse C) Pay to the order of D) For deposit only

Business