Figurehead, leader, and liaison are all interpersonal managerial roles according to Mintzberg.
Answer the following statement true (T) or false (F)
True
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Unilever has over 10 personal care brands, each with a unique focus and product positioning strategy. Buyers would not know that Unilever is the manufacturer of a specific brand unless they looked closely at the small print on the package. This is an example of using a ________ branding strategy.
A) company name only B) brand name only C) company and brand name D) brand and subbrand name E) company, brand, and product name
An anti-takeover tactic called a ________ is when a firm offers to buy shares of their stock from a company planning to acquire their firm at a higher price than the unfriendly company paid for it.
A. golden parachute B. poison pill C. scorched earth D. greenmail
Cake Lady Bakery is famous for its pound cakes. The main ingredient of the cakes is flour, which Cake Lady purchases by the pound. In addition, the production requires a certain amount of direct labor. Cake Lady uses a standard cost system, and at the end of the first quarter, there was an unfavorable direct labor cost variance. Which of the following is a logical explanation for that variance?
A) The cost of workers' medical insurance plans jumped up dramatically during the quarter. B) The factory lost two experienced workers at the beginning of the quarter, and their replacements wasted a large amount of direct materials during their training period. C) The purchasing manager was able to secure a volume discount on flour, purchasing the flour for less than the amount set by standard. D) The production staff changed the work flow process so that production required fewer direct labor hours.
Which of the following is an example of an accrual?
A) Debit Office Supplies Expense, credit Office Supplies B) Debit Wages Expense, credit Wages Payable C) Debit Rent Expense, credit Prepaid Rent D) Debit Unearned Revenue, credit Service Revenue