Regardless of the time available to implement a high-performance work system, the use of __________ helps keep everyone on track and prevents the system from bogging down.
A. top-management directives
B. a transition structure
C. employee involvement
D. empowerment
Answer: B
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Which of the following is not a supertrend shaping the future of business?
A. more niche products B. information becoming a competitive advantage C. traditional companies struggling with radically innovative change D. offshore suppliers affecting U.S. business E. faster speed-to-market
The opposite of the penetration pricing is:
A) value pricing. B) skimming. C) market share pricing. D) competitive pricing.
The type of transaction most suitable for real-time processing is
a. recording fixed asset purchases b. recording interest earned on long-term bonds c. adjusting prepaid insurance d. recording a sale on account
When a company understates the cost of goods sold, what is the effect on the inventory turnover ratio?
a. The ratio might increase or decrease depending upon the amount by which it is understated. b. The ratio will decrease. c. No effect. d. The ratio will increase.