The ________ norm is typically judged to be the fairest choice in situations in which the goal is to maximize the productivity of individual employees.
A. prescriptive
B. need
C. equity
D. equality
E. standard
Answer: C
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Exhibit 9-1 The Happy Cereal Company includes a premium in each box of its cereal. For four premiums plus $2.00, customers are entitled to a plastic wiggle worm that costs Happy $4.50 each. Happy expects 60% of the premiums to be redeemed. In 2016, Happy sold 500,000 boxes of cereal and distributed 25,000 wiggle worms. Refer to Exhibit 9-1. What is Happy's premium expense for 2016?
A) $125,000 B) $187,500 C) $225,000 D) $337,500
While shopping at the mall, Jane was asked by one of the sales representatives at the cosmetics counter to try out a new lipstick that her company was test marketing
The company representative asks her how much she would be willing to pay for the lipstick. After trying it out, Jane is of the opinion that $5 is just the right price for it. What type of a reference price is Jane using? A) usual discounted price B) fair price C) maximum retail price D) last price paid E) historical competitor price
The purpose of capacity control is to ______.
A. achieve as balanced a workload as possible among the various work centers B. ensure there is no shortage or surplus of inventory C. ensure there is no stock-out or excess of finished goods D. ensure excess capacity is productively used and not wasted
Distribution requirements planning is used to synchronize supply chain partners at the production activity control level
Indicate whether the statement is true or false.