During the baseball season, the workers at Arenaz Stadium use mowing equipment to mow the baseball field. To ensure that the infield surface stays smooth and consistent, they use nail drags. The given scenario exemplifies the use of a _____.
A. fixed position layout
B. product layout
C. process layout
D. flow-shop layout
Answer: A
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An organization should create a policy for each of the options it can use to mitigate a labor ______ when making new hires is not possible, outlining the circumstances in which each option is useful to the organization.
A. shortage B. surplus C. force D. overage
BGH Accounting firm audited the financial statements that were included in E-prise's registration statement. The financial statements overstated sales by 2000%. In conducting the audit, BGH did not comply with generally accepted auditing standards (GAAS). Under Section 11 of the 1933 Act, BGH is liable for any material misstatement or omission in the financial statements it prepared for E-prise.
Answer the following statement true (T) or false (F)
Effective leaders do not challenge accepted beliefs so that their leadership is not put into question
Indicate whether the statement is true or false
As a firm spends more on transportation service, cost of lost sales:
a. Increase b. Decrease c. Stay the same d. Can't be determined