Which management area does NOT normally have transportation responsibility?
A) Manufacturing
B) Marketing
C) Logistics
D) Purchasing
E) All of the above normally have responsibility for transportation.
A
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A perpetual inventory system provides management with valuable tools with which to plan and control inventory levels because the amount of inventory is known at any point in time
Indicate whether the statement is true or false
The bylaws of a corporation:
A. usually set up procedures for the holding of shares. B. usually set out the duties and authority of the officers and the conduct of meetings. C. do not involve financial matters such as declaring and paying dividends. D. need not be consistent with state laws or the articles of incorporation.
Which of the following is a factor that would cause an increase in the assessment of control risk?
a. New products have uncertain likelihood of success b. Little interaction between senior management and operating staff c. A new business strategy is improperly implemented. d. The industry is mature and declining.
Bowie's Kantian model of corporate social responsibility obliges managers to do no harm, but they must also be prepared at times to do some good or prevent some harm.
Answer the following statement true (T) or false (F)