The organizational versus the individual rationality perspective suggests that objectives that are
A. good for a functional area are always good for the overall organization.
B. best for a functional area may not be best for the overall organization.
C. good for the overall organization are always best for a functional area.
D. best for one functional area will never be best for all functional areas.
Answer: B
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Industrial goods can be classified as ________, capital items, or suppliers and business services based on their relative cost and how they enter the production process
A) service components B) sub-assemblies C) accessories D) specialty goods E) materials and parts
A cost that remains constant in total but varies on a per-unit basis with changes in activity is called a(n)
a. expired cost. b. fixed cost. c. variable cost. d. mixed cost.
A(n) ________ is a clause that can be included in the articles of incorporation that permits the corporation to engage in any activity permitted by law
A) general purpose clause B) limited purpose clause C) dissolution clause D) ultra vires clause
Typically, your insurance needs change throughout your life
Indicate whether the statement is true or false.