__ refers to the process of establishing common routines and procedures that apply uniformly to everyone.

Fill in the blank(s) with the appropriate word(s).


Standardization.

Business

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As Hofstede’s research became dated, Project ______ confirmed his dimensions are still valid today and extended and expanded them.

A. HOME B. GLOBE C. EARTH D. WORLD

Business

Which of the following statements about the characteristics of social insurance programs is true?

A) They are designed to provide a floor of income with respect to the risks that are covered. B) Social insurance benefits payments are unrelated to income. C) Participants are required to satisfy a means test to receive benefits. D) With few exceptions, participation in social insurance programs is voluntary.

Business

Maki plans to sell 10,000 units of a particular product during July, and expects sales to increase at the rate of 10% per month during the remainder of the year. The June 30 and September 30 ending inventories are anticipated to be 1,100 units and 950 units, respectively. On the basis of this information, how many units should Maki purchase for the quarter ended September 30?

A. 31,850. B. 33,250. C. 32,150. D. 32,950. E. None of the answers is correct.

Business

Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed costs that amount to $400,000. Current sales total 16,000 units. Narchie:

A. will break-even by selling 8,000 units. B. will break-even by selling 13,333 units. C. will break-even by selling 1,000,000 units. D. will break-even by selling 20,000 units. E. cannot break-even because it loses money on every unit sold.

Business