The Theory of Constraints was popularized by which book?
a. The Goal
b. The Objective
c. The Process
d. The Knowledge
a. The Goal
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At the end of 2016, Clock Products, Inc determined that one of its patents was worthless. The patent had a cost of $300,000 . The patent had been amortized for 5 years of its estimated 15-year legal life. Which of the following statements is correct?
a. Clock Products must continue to amortize the patent over its remaining 10 years of life. b. The patent must be reduced to 5/15, or 33.3% of its original cost and amortized over the remaining 10 years. c. The remaining unamortized cost must be removed from the accounting records and treated as a loss on the income statement. d. Clock Products must correct its financial statements for the past five years, so that the entire cost is allocated to that five-year period.
Karen Dodd is employed by Dell and responsible for calling on primary schools in her home state of Maine to promote the company's offerings
She demonstrates the Dell line of products including desktop computers, laptops, and tablets and fields questions from teachers and administrators alike. This is an example of which promotion tool? A) digital advertising B) personal selling C) sales promotion D) public relations E) television advertising
All but one of the following are criteria to consider when selecting an appropriate work measurement program. Which one is not an appropriate criterion?
A. Intended use of standards B Degree of accuracy required C. Cost the organization is willing to assume D. Type of company in which the program is used
With the benefits of outsourcing and offshoring come substantial challenges. One challenge is the impact on the ____ of individuals and organizations involved in global trade.
A. cultures B. customs C. both a. and b. D. neither a. nor b.