Jim has a medical condition that makes it difficult for him to stand for long periods of time, an essential part of his job. His employer would be making a reasonable accommodation for this disability if they reassign Jim to a vacant position.
Answer the following statement true (T) or false (F)
True
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Dennis, a senior manager at VST Corporation, is considering the acquisition of a revolutionary water treatment technology from a small development firm. The asking price is $5 million. However, the environmental uncertainty of the water treatment marketplace is both complex and dynamic. Dennis wants to acquire the new technology but seeks to manage the risk associated with his decision, or "hedge his bets." Key elements of his risk management strategy might be to
A. decide upon a clan (collaborate), adhocracy (create), hierarchy (control), or market (compete) culture from which to market the technology. B. diversify, merge, divest, prospect, or defend the technology. C. gain competitive intelligence through environmental scanning, develop business scenarios, forecast sales, and benchmark the technology. D. buffer, smooth, and empower in order to manage the technology supply chain. E. establish visible artifacts; develop symbols, rites, and ceremonies; and develop stories about the technology.
Magic Wizard Inc uses the FIFO costing method in its process costing system. Beginning inventory in the mixing processing center consisted of 4,000 units, 70 percent complete with respect to conversion costs. Ending work in process inventory consisted of 2,000 units, 60 percent complete with respect to conversion costs. If 10,000 units were transferred to the next processing center during the
period, the equivalent units for conversion costs would be A) 6,000 units. B) 8,400 units. C) 10,400 units. D) 2,400 units.
Kaizen costing helps to
a. reduce product costs of products in the design and development stage. b. keep the target cost as the primary focus after a product enters production. c. keep profit margin relatively stable as product price declines over the product life cycle. d. reduce the cost of engineering change orders during each stage of the product life cycle.
The task of crafting a company's strategy is typically a job for the company's whole management team, not just a small group of senior executives. True or false? Explain and support your answer.
What will be an ideal response?