Which of the following is an inventory costing method?
a. Perpetual
b. Lower-of-cost-or-market
c. Specific identification
d. Periodic
C
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Paula starts a new bakery business. Because she must meet specific requirements from the state health department, Paula decides to use a mechanistic structure for management. What demonstrates Paula's choice to organize and control the business with a mechanistic structure?
A. Managers can react more quickly to a changing environment than can managers in an organic structure. B. The organization uses the structure only when needed-when the organizational environment is unstable. C. Authority is decentralized to middle and first-line managers to encourage them to take responsibility. D. A mechanistic structure requires more managerial time, money, and effort than an organic structure. E. Employees are closely supervised and follow well-defined rules and standard operating procedures.
Developing a new product, hiring a new employee, and fulfilling an order are examples of business processes
Indicate whether the statement is true or false
Today, software solutions are aimed at collaboration among supply chain partners through point of sale systems, RFID, and other information-sharing systems
a. True b. False Indicate whether the statement is true or false