Explain the procedure a manager should follow to build support for his or her project idea.
What will be an ideal response?
Answer: The first step involves clearing the investment with your immediate boss or bosses; making cheerleaders-people who will support the manager before formal approval from higher levels; horse trading, which involves promises of payoffs from the project in return for support, time, money, and other resources that peers and others contribute; and the blessing of relevant higher—level officials.
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Which of the following is one of an employer's primary goals in conducting an interview?
A) Assessing how you will fit into the organization's culture B) Determining how long it will take for you to get promoted within the company C) Making you uncomfortable to see how you perform under stress D) Convincing you to accept the position on the spot
How much time is a customer expected to spend waiting in line and being checked out?
The local grocery store consists of two cashiers. The customers arrive at the checkout according to the Poisson distribution and the service times are based on negative exponential distribution. The average customer service time is 4 minutes and the average time between the arrivals of successive customers is 3 minutes. Assume that customers equally divide themselves between the two cashiers.
Organizations that adopt the marketing concept should be concerned about marketing ethics as well as broader issues of social responsibility.
Answer the following statement true (T) or false (F)
Lezo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on 40,000 machine-hours, total fixed manufacturing overhead cost of $136,000, and a variable manufacturing overhead rate of $2.90 per machine-hour. Job A290, which was for 60 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:?Total machine-hours300?Direct materials$585?Direct labor cost$7,200Required:a. Calculate the estimated total manufacturing overhead for the year.b. Calculate the predetermined overhead rate for the year.c. Calculate the amount of overhead applied to Job A290.d. Calculate the total job cost for Job A290.
What will be an ideal response?