Weick (2007) defines _________ as the ongoing retrospective development of plausible images that rationalize what people are doing.
a. Strategy
b. Business planning
c. Sensemaking
d. Sensegiving
c. Sensemaking
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Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products ABCDDirect materials$19.90$15.20$20.80$23.20Direct labor 12.20 8.70 10.50 7.40Variable manufacturing overhead 1.60 2.10 2.00 2.10Fixed manufacturing overhead? 10.80? 11.90? 8.80? 10.70Unit product cost$44.50$37.90$42.10$43.40Additional data concerning these products are listed below. Products ABCDGrinding minutes per unit 1.20 0.70 0.60 0.60Selling price per unit$59.30$51.70$59.50$55.60Variable selling cost per unit$3.60$1.50$2.20$3.60Monthly demand in units 4,000 2,000 4,000 2,000The grinding machines are potentially the constraint in the production facility. A total of 9,000 minutes are available per month on these machines.Direct
labor is a variable cost in this company.Up to how much should the company be willing to pay for one additional minute of grinding machine time if the company has made the best use of the existing grinding machine capacity? (Round your intermediate calculations and final answer to 2 decimal places.) A. $0.00 B. $18.33 C. $12.20 D. $19.30
Distinguish between Theory X and Theory Y.
What will be an ideal response?
According to Michael Porter, there is a tremendous allure to ________. It is the big play, the dramatic gesture. With one stroke of the pen, you can add billions to size, get a front-page story, and create excitement in markets.
A. internal development B. strategic alliances and joint ventures C. mergers and acquisitions D. differentiation strategies
Which of the following statements is true if the standard deviation of a process is .02 and the
average is 1? A) The specification limits are ± .02. B) The upper control limit is 1.02. C) About 68.3% of the output will be within 1± .02. D) All of the above are true. E) None of the above is true.