You are the manager of a fast food restaurant. Please give examples of the standards you would set for your employees in the areas of quantity, quality, time, cost, and behavior.
What will be an ideal response?
Responses to this question will vary, but should include reasonable standards for all five areas, such as number and quality of food items produced over a given time period, hours worked, and treatment of customers.
You might also like to view...
Which of the following scales might have an example that ranges from "Not Important" to "Extremely Important"?
A) Likert scale B) one-way labeled scale C) importance scale D) unimportance scale E) semantic differential scale
In the United States, which of the following organizations monitors corporate activities as they relate to truth in advertising?
A) The Federal Trade Commission B) The Internal Revenue Service C) The Truth in Advertising Agency D) FEMA E) The Federal Bureau of Investigation
Northbrook Corporation is preparing a statement of cash flows. The following transactions occurred during the year: 1. Sold machinery for $9,000 cash. 2. Purchased a building for $80,000 cash. 3. Issued $70,000 worth of stock to acquire an airplane. 4. Converted long-term bonds by issuing $100,000 worth of stock. 5. Declared and paid a $10,000 cash dividend. Transaction 1 would be found on the
statement of cash flows in the A) cash flows from operating activities section. B) cash flows from financing activities section. C) noncash investing and financing transactions section. D) cash flows from investing activities section.
If the expected sales volume for the current period is 9,000 units, the desired ending inventory is 200 units, and the beginning inventory is 300 units, the number of units set forth in the production budget, representing total production for the current period, is:
A) 9,000 B) 8,900 C) 8,700 D) 9,100