As a business adds products to its product line that have the same purchased materials and similar manufacturing processes, it is able to lower the average unit cost of all products, producing a ________ effect
A) network
B) scope
C) Mohring
D) scale
E) cluster
B
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The initial focus in facility location is on a ____.
a. city b. county c. state or province d. region
Which one of the following is not an advantage of LIFO?
A) In periods of rising prices, less income tax is paid. B) In periods of rising prices, less holding gains are reported in net income. C) Record keeping and financial statement preparation are easier. D) Conservative income statements and balance sheet disclosures result from rising prices.
When she is not working, Sugi trains to run marathons. She wishes she had more time to travel to various races but work keeps her busy. Kevin does not want time off work. He needs to earn as much overtime as possible to pay off his college loans. The company recently offered either a week’s pay or a week off as the bonus to the salesperson who made the most sales. Both Sugi and Marcus worked hard to win. Which advantage of individual incentives does this illustrate?
A. They make it easy to evaluate individual employees. B. They offer the ability to match rewards to employee desires. C. They promote the link between performance and results. D. They may motivate less productive employees to work harder.
The systematic process used to determine the relative value or worth of a job within an organisation is referred to as which of the following:
a. job analysis b. job evaluation c. job design d. job enrichment