Costs that are incurred to preclude defects and improper processing are:
a. prevention costs
b. detection costs
c. appraisal costs
d. failure costs
A
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________ is a statistical procedure that attempts to account for nonresponse by assigning differential weights to the data depending on the response rates
A) Weighting B) Trend analysis C) Subjective estimates D) Imputation
According to your textbook, why should managers pay specific attention to the organization’s occupational health and safety (OHS) policies and practices?
a. Because managers can be held criminally liable for OHS violations, especially if an employee, client, visitor, or customer is killed b. Because the aim of OHS legislation is to prevent death and disability at work c. Because OHS sets out the company’s policies on workplace health and safety (such as compensation, sick leave, etc.) d. All of the above
Which of the following terms refers to a nonbreaching party's legal duty to avoid or reduce damages caused by a breach of contract?
A) tender of performance B) mitigation of damages C) liquidation of damages D) disclaimer of consequential damages
The process of developing a succession plan typically begins with ________.
A. determining ways to measure employee potential B. developing standards C. identifying the employees included in the succession plan D. identifying the positions included in the succession plan