An organizational chart of a company shows vice presidents with responsibility for key areas such as design, manufacturing, sales, marketing, and after-sales support. This reflects a ________ structure.

A. product team
B. matrix
C. market
D. functional
E. product


Answer: D

Business

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Identify a principle of the Directive on Data Privacy that conflicts with U.S. practices.

A. Businesses can refrain from informing people of the ways their data will be used. B. Personal data can be processed only if the subject has given consent. C. Organizations can purchase personal data from third parties and never notify the subject. D. Personal data can be used for processes other than the original one.

Business

Match each term with the correct statement below.

a. computer-aided manufacturing (CAM) b. computer-aided Design (CAD) c. computer-aided engineering (CAE) d. flexible manufacturing systems (FMS) e. just-in-time inventory control (JIT) f. enterprise resource planning (ERP) g. productivity h. supply chain management (SCM) 1. What is the use of computers in testing designs for stress and trying out variations without the cost of building a model? 2. When robots and computerized machines can be programmed to switch fairly easily from producing one kind of product to another, this is being utilized. 3. What is the rate at which goods and services are produced? 4. The term means a concentrated effort to improve relationships among manufacturers and their channel partners to better control costs. 5. This term is occasionally called kanban.

Business

The primary source of federal power to regulate business is the

A. Supremacy Clause. B. Commerce Clause. C. Contract Clause. D. Privilege and Immunities Clause.

Business

[The following information applies to the questions displayed below.]  At the end of Year 1, the following information is available for Grumpy, Happy, and Doc Companies. GrumpyHappyDocTotal Assets $2,000,000  $2,000,000  $3,000,000 Total Liabilities  1,400,000   800,000   1,800,000 Stockholders' Equity  600,000   1,200,000   1,200,000 Net Income  118,000   190,000   150,000 Which company has the highest level of debt risk?

A. Grumpy B. Doc C. Happy D. They all have equal debt risk.

Business