Describe how writing is important in your social, educational, and professional life
What will be an ideal response?
Writing skills are important for creating and communicating information. Although writing has
many advantages, the major one is that it provides a physical record that can be used as
proof, if necessary.
a) Your Social Life. Writing is being used more and more in our social lives today because email, texting, blogs have made it much easier, less expensive, and more convenient. We all
need to know how to write congratulation letters, thank-you notes, responses to invitations,
and other social communications.
b) Your Educational Life. Excellent writing skills can help you to earn higher grades on
research papers and tests. You learn more through writing about a subject because you must
think about the material and organize the information you have before you can start to write
about it.
c) Your Professional Life. On the job, you use your writing skills to compose e-mail messages,
letters, and reports. In many jobs, writing is a supporting skill, but in some jobs— a newspaper
reporter or author, for example— writing is the primary skill. Writing by some form of electronic
communication has become an increasingly important part of our lives.
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Consider the budget information for Bert and Ernie Design firm: Professional labor $1,000,000 Administrative labor 200,000 Lease expense 50,000 Design equipment depreciation 25,000 Samples and books 10,000 Utilities 20,000 Professional hours 100,00 . hours Number of rooms redone 2,00 . rooms Bert and Ernie decide there are two cost pools, design support, which is assigned to jobs based on the
number of rooms redone, and facilities costs, which is assigned to jobs based on the number of professional labor hours. The design support cost pool includes design equipment depreciation and samples and books. The lease expense and utilities are considered facilities costs. What is the budgeted rate per cost driver for facilities costs? a. $17.50 b. $1.05 c. $.70 d. $37.50
Which is not one of the potential advantages of decentralization?
a. improves motivation and retention b. supports use of expert knowledge c. improves customer relations d. increases goal congruence
Complete acceptance of the "marketing concept" would require
A. making sure that all departments focus their efforts on satisfying customer needs. B. placing less emphasis on profit as the objective of the firm. C. trying to satisfy the needs of each and every customer. D. having all production, finance, accounting, and personnel managers report directly to the marketing manager.
The failure to give notice of the right to lien can invalidate the lien
Indicate whether the statement is true or false