The creation where individuals accomplish more together than they could if they acted on their own is:
a. teamthink
b. groupthink
c. synergy
d. self-leadership
Ans: C
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Jemco Corporation makes automotive engines. For the most recent month, budgeted production was 6,000 engines. The standard power cost is $8.80 per machine-hour. The company's standards indicate that each engine requires 6.1 machine-hours. Actual production was 6,400 engines. Actual machine-hours were 38,730 machine-hours. Actual power cost totaled $350,628. Required:Determine the rate and efficiency variances for the variable overhead power cost and indicate whether those variances are unfavorable or favorable. Show your work.
What will be an ideal response?
Which of the following is a common type of incentive compensation?
A) Health insurance B) Profit-sharing plans C) Pension plans D) Flexible spending programs
If you were going to conduct an informative presentation on the historical events of 9/11, what type of organizational pattern would you use? Why?
What will be an ideal response?
Global brands don't have to keep innovating, but just have to keep adapting to market changes in order to stay successful.
a. True b. False