For each of the following efficiency standards, indicate which parties are responsible for the standard and list one factor that should be used in setting the standard
Efficiency standard Responsible party Factor used in setting the standard
Direct materials
Direct labor
What will be an ideal response
Efficiency standard Responsible party Factor used in setting the standard
Direct materials Production manager and engineers Product specifications, spoilage, production scheduling
Direct labor Production manager and engineers Time requirements for the production level and employee experience needed.
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Matrix Co. was created as a non-prescriptive, collaborative think tank. The culture of the organization is very inclusive and brings in employees from all levels and territories. The corporate mission statement emphasizes "developing a team spirit, sharing ideas, and providing a common sense of purpose, community, and inspiration."The environment is also very flexible. There are many different working arrangements in place, and the company is very supportive of those with families. For example, one of the assistant vice presidents recently took seven months extended paternity leave.What is psychological empowerment? How can a company foster this kind of culture?
What will be an ideal response?
Once a company has conducted exploratory research and reviewed the resulting data, its next step is most likely which of the following?
A) conduct descriptive research B) calculate the representative sample size C) identify secondary data sources D) select a primary data collection method E) conduct qualitative research
______ refers to our negative thoughts about ourselves.
a. Self-aversion b. Self-negativity c. Self-denigration d. Self-doubt
One possible reason for a balance sheet hedge could be because the foreign subsidiary is about to be liquidated, so that value of its Cumulative Translation Adjustment (CTA) would be realized
Indicate whether the statement is true or false.