_______________ is the process of learning from the successful practices of others while _______________ is observing and retaining the lessons gained from the experiences of others.

What will be an ideal response?


Mimicry and Vicarious learning

Business

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Multiplying a vehicle's rating times opportunities to see (OTS) for an advertisement calculates the:

A) cost per thousand (CPM) B) gross rating points (GRP) C) cost per rating point (CPRP) D) frequency

Business

Which level often sees problems with employees not accepting or understanding new roles, long decision-making cycles as well as unproductive meetings and communication patterns, and acquired employees lack understanding of team goals, purpose, and process in the postcombination phase of the merger and acquisition interventions?

a. Individual b. Team c. Cross-team/Department d. Organizationwide

Business

The break-even quantity for a certain kitchen appliance is 6000 units. The selling price is $10 per unit, and the variable cost is $4 per unit. What must be the fixed cost to break even at 6000 units?

A) less than $35,000 B) between $35,000 and $40,000 C) between $40,001 and $45,000 D) above $45,000

Business

Hickingbottom Corporation has two production departments, Forming and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:  FormingFinishingMachine-hours 17,000 15,000Direct labor-hours 1,000 7,000Total fixed manufacturing overhead cost$96,900$65,800Variable manufacturing overhead per machine-hour$2.00  Variable manufacturing overhead per direct labor-hour  $3.60 During the current month the company started and finished Job M381. The following data were

recorded for this job: Job M381:FormingFinishingMachine-hours 80 30Direct labor-hours 30 40Direct materials$840$350Direct labor cost$750$1,000The predetermined overhead rate for the Forming Department is closest to:  A. $5.70 per machine-hour B. $18.70 per machine-hour C. $2.00 per machine-hour D. $7.70 per machine-hour

Business