Answer the following statement(s) true (T) or false (F)
1. The Divisional Structure is sometimes called multidivisional structure and it groups employees by products and services, by geographic regions, or by customers.
2. The first step of the organizational design process is when a design team works together to set the scene by establishing the rationale behind the decision and drafting a rough plan for change.
3. Post implementation of the organizational design process, it is vital to have a design evaluation process, to ensure the new structure is functioning well.
4. Post implementation of the organizational design process, it is vital to have a design evaluation process, to ensure the new structure is functioning well.
5. Information technology is the combination of processes, knowledge, and techniques that creates product or service value for an organization.
1. TRUE
2. FALSE
3. TRUE
4. TRUE
5. FALSE
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Custom software is completely finished, tested, and ready for implementation
Indicate whether the statement is true or false
A(n) ________ is one of two types of scaling techniques in which each stimulus object is scaled independently of the others
A) random scale B) nonrandom scale C) comparative scale D) noncomparative scale E) independence scale
Understanding a company's relationships with financial institutions and bondholders is important because:
a. it can indicate the extent to which the company is leveraged. b. it can reveal whether significant short selling of the company's stock has occurred. c. it can uncover the fraudulent transactions from special purpose entities. d. it may help in raising additional funds from the financial institutions.
The state of Ohio has passed a law requiring that every automobile be inspected at least once a year for pollution control. Anson Enterprises is considering entering into this type of business. After extensive studies, Mark Anson has developed the following set of projected annual data on which to make his decision: Direct service labor $363,000.00 Variable service overhead costs 270,000.00 Fixed
service overhead costs 280,000.00 Marketing expenses 120,000.00 General and administrative expenses 170,000.00 Minimum profit 90,000.00 Cost of assets employed 500,000.00 Anson believes that his company will inspect 100,000 automobiles per year. The company earns an average of 18.75 percent return on its assets. The projected cost for inspecting each automobile would be A) $11.13. B) $12.03. C) $12.93. D) $10.03.