Formal rulemaking is known as the "lifeblood of the administrative process."

a. True
b. False


b

Business

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Normally, depreciation calculations are based on the exact number of days the asset is held during the period

Indicate whether the statement is true or false

Business

Answer the following statement(s) true (T) or false (F)

1. A firm’s processes are largely static and remain unchanged over time. 2. Fast-food restaurants rely on identical processes to ensure proper delivery of food to their customers. 3. A key part of process flowchart design is the consideration of where value is or is not being created in the process. 4. Process flowcharting is typically not used in service operations.

Business

A presentation in which sales representatives receive up-to-date information on new products has the purpose of

A) reporting. B) explaining. C) lecturing. D) persuading. E) motivating.

Business

Which course of action would utilitarianism require be taken?

A) The one that provides at least some good to the greatest number of people B) The one that places the greatest number of people in a better position than they were in previously C) The one that harms the smallest number of individuals D) The one that provides the greatest overall good to society, even if the benefit of that alternative flows to only one person

Business