Which of the following does Saul Gellerman believe is ineffective for preventing company ethical lapses?
a. Ethics training
b. Screening out unethical employees
c. Both a and b
d. None of the above
.C
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Identify a disadvantage of piece rate plans
a. They do not provide extra recognition for producing above the minimum requirements. b. Productivity is not an important factor of such plans. c. They are not appropriate if machines, rather than people, control production speed. d. They are not suitable if the company gives a high priority to the quantity produced by each worker.
No federal or state government approval is required for creating a sole proprietorship
Indicate whether the statement is true or false
Rienzi Farms grows sugar cane and soybeans on its 500 acres of land. An acre of soybeans brings a $1000 contribution to overhead and profit; an acre of sugar cane has a contribution of $2000
Because of a government program no more than 200 acres may be planted in soybeans. During the planting season 1200 hours of planting time will be available. Each acre of soybeans requires 2 hours, while each acre of sugar cane requires 5 hours. The company seeks maximum contribution (profit) from its planting decision. a. Formulate the problem as a linear program. b. Solve using the corner-point method.
When it comes to choosing among different types of opportunities, most firms tend to be production-oriented and usually think first of diversification.
Answer the following statement true (T) or false (F)