What kinds of lateral relations will help increase information flow?
What will be an ideal response?
Possible answers include: direct contact between affected individuals, use of liaisons to bridge groups, multidepartmental task forces, formal teams, integrating roles with cross-departmental decision authority, structures with dual-authority relationships
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Which of the following statements is true about value pricing?
A) It is also known as penetration pricing. B) It gives customers more value than they expect for the price paid. C) It gives the seller most of the value—cost difference. D) It implies low price alone.
British English is standard throughout the British Commonwealth of Nations and among most English-speaking _____________
a. democracies b. industries c. organizations d. Africans and Asians
The December 31, Year 1, balance sheet of Rowan Company shows current assets of $32,000 and current liabilities of $20,000. On January 1, Year 2, the company recorded the following entries:Cash10,000? Common stock?10,000Cash6,000? Accounts Receivable?6,000After the two journal entries were recorded, what is the company's current ratio?
A. 1.6 to 1 B. 2.1 to 1 C. 2.4 to 1 D. 2 to 1
What costs should a manager consider when setting order points?
a. carrying costs and purchase costs b. stockout costs and purchase costs c. ordering costs and stockout costs d. carrying costs and stockout costs