The manager of Center D designs, produces, and sells products to external parties. The manager makes both long-term and short-term decisions. What type of responsibility center is Center D?
a. Cost center
b. Profit center
c. Revenue center
d. Investment center
D
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Select the statement that might represent a valid objection to worker participation in management decisions.
A. Any attempt to involve employees in decision making will be inefficient. B. Substantial conflicts that exist between the interests of the firm and the interests of the employees are more likely to occur than similar conflicts between the interests of managers and the interests of the firm. C. Private owners have property rights that include the right to manage and direct the business. D. Workers lack the expertise and knowledge to manage a business.
Figure 7-4: Question 5Consider Figure 7-4: Question 5 above, which was part of a Wendy's survey that assessed fast-food restaurant preferences among present and prospective consumers. Question 5 illustrates which type of question format?
A. dichotomous B. semantic differential scale C. attitudinal D. Likert scale E. open-ended
Identify which of the following statements is false.
A) The acquiring corporation does not recognize gains or losses under Sec. 1001 when it transfers noncash boot property to the target corporation or its shareholders. B) Gain recognized by a shareholder in a tax-free reorganization may be characterized as a dividend. C) If no gain or loss is recognized by a stock or security holder in a tax-free reorganization, the stock or securities received take a substituted basis equal to the basis of the shares or securities surrendered. D) Tax-free reorganizations generally do not involve actual redemptions of the stock of the target corporation's shareholders.
Which of the following is not one of the factors driving an emphasis on supply chain management? a. An increasing emphasis on domestic sourcing due to the longer lead times and higher levels of pipeline inventories associated with global sourcing. b. The cost and availability of information resources among entities in the supply chain that allow easy linkages that eliminate time delays in the
network. c. The level of competition in both domestic and international markets requires organizations to be fast, agile, and flexible. d. Customer expectations and requirements that are becoming much more demanding. e. The ability of an organization's supply chain to identify and mitigate risk minimizes disruptions in both supply and downstream product or services to mitigate the impact on lost sales.