What international organization drafted the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions of 1999?

a. The EU

b. The UN

c. The OECD

d. The WTO


c

Business

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Identify a shortcoming of giving the responsibility to develop new products to the product managers of a company

A) They would not be familiar with the industry standards. B) Product managers would not have an operational focus. C) Product managers are often busy managing existing lines. D) They will find it difficult to gain support from employees. E) Product managers are less likely to use participative management.

Business

Most persuasive messages use an indirect approach

Indicate whether the statement is true or false.

Business

Barney prefers one-on-one conversation. And Fred agrees that type of communication has its place, but that electronic communications, such as e-mail, Twitter, and Facebook, have a key advantage in that

A. information can be shared rapidly with a large number of people. B. complex problems can be solved effectively. C. more trust is engendered among users than with face-to-face communication. D. sensitive or private information can be safely transmitted. E. higher-quality decisions can be made in comparison to face-to-face communication.

Business

Janicki Corporation has two manufacturing departments--Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:  MachiningCustomizingTotalEstimated total machine-hours (MHs) 1,000 9,000 10,000Estimated total fixed manufacturing overhead cost$4,800$23,400$28,200Estimated variable manufacturing overhead cost per MH$1.10$2.50   During the most recent month, the company started and completed two jobs--Job A and Job J. There were no beginning inventories. Data concerning those two jobs follow:  Job AJob JDirect materials$12,000$7,700Direct labor cost$20,700$6,400Machining machine-hours 700 300Customizing machine-hours 3,600 5,400 Assume that the company uses departmental predetermined overhead rates

with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 50% on manufacturing cost to establish selling prices. The calculated selling price for Job A is closest to: A. $87,752 B. $55,190 C. $82,785 D. $27,595

Business