Which of the following statements is true for companies that employ cost strategies?
A. They encourage their employees to take greater risks.
B. They seek greater creativity by providing broader career paths to employees than companies that employ differentiation strategy.
C. They are very specific in the skills they require from their employees.
D. They shy away from investing in training employees in the skills they need.
E. They focus on high-quality production rather than efficient production.
Answer: C
You might also like to view...
At the beginning of 2016, the Joan Company had an inventory valued at $34,375 at cost ($50,000 at retail). During the year, Joan purchased inventory for $50,000 ($70,000 at retail), and made markdowns of $7,500. Joan's sales in 2016 were $62,500. What is Joan's estimated ending inventory at FIFO cost using the retail inventory method?
A) $37,500 B) $40,000 C) $39,000 D) $34,375
You can cue the audience that you are about to stop speaking by all of the following EXCEPT
a. decreasing your speaking rate. b. increasing your speaking rate. c. altering your voice tone. d. shouting.
If one party wants to rely on a limitation clause they must bring it to the attention of the other party at the time the contract was made
Indicate whether the statement is true or false
Which of the following is true of OSHA reporting and recording requirements?
a. employers with fewer than 50 employees are generally exempt from recording injuries and illnesses b. all injuries or illnesses must be reported to OSHA within 6 days of their occurrence c. injuries that result in death or the hospitalization of three or more employees must be reported to OSHA within 8 hours of their occurrence d. all of the above e. none of the above