A staffing policy that involves hiring and promoting employees on the basis of the parent company's home-country frame of reference is ___________________.
Fill in the blank(s) with the appropriate word(s).
ethnocentric
A policy of hiring and promoting based on the parent company's home-country frame of reference is an ethnocentric policy.
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Passwords, biometrics, and digital signatures are examples of which of the following?
a. physical controls b. segregation of duties c. authorization controls d. checks on performance
In a typical health-care organization, the medical error rates range ______.
A. from 67 to 309 per trillion opportunities B. between two sigma and three sigma C. to one error per second per hospital D. to one error per physician per procedure per day
Which of the following events would be considered an extraordinary item?
a. An airline experienced a significant loss due to a strike by employees of the company who provide its aircraft maintenance. b. A food cannery was faced with a large loss of inventory of canned soups due to government condemnation because of possible botulism contamination; the company had never experienced a similar situation in its history. c. A company, located on an island which has experienced severe flooding three times in the past 25 years, was subjected to a heavy loss of physical plant due to flooding. d. A medical corporation was required to pay damages equal to three times its average net income to a patient. The corporation had experienced suits of this nature in the past, but the amount of the losses had never exceeded 5 percent of the corporation's average net income.
Consumption ratios are useful in determining:
A. if overhead-producing activities are being utilized effectively. B. if overhead-producing activities are being utilized efficiently. C. overhead that is incurred at the unit level. D. if overhead costs are being applied to products. E. the existence of product-line diversity.