Sally earned a 10 percent increase in her salary and received the entire increase at the beginning of the year, with the stipulation that she would not leave the company in that year. Five months later, she quit her job and went to work for a competitor. She had to return the 10 percent payment she had received because she had violated a rule for

A) lump-sum salary increase.
B) profit-sharing.
C) commission.
D) employee benefit.
E) wage compensation.


A

Business

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When a salesperson says, "This glue will form a stronger bond than any other glue on the market," he is stating a product benefit.

Answer the following statement true (T) or false (F)

Business

Diamond Plywood, Inc., manufactures four types of plywood panels. Each product must go through the following operations: patching, grading, gluing, and baking. The time in hours required for each operation for each panel, the total capacity available for each these operations in a given month, as well as the minimum production requirements and the profit contributions per panel are given in the following table. If Diamond Plywood wishes to reduce its capacity in one of the four operations, which one should it avoid?


a. patching
b. grading
c. gluing
d. baking

Business

Sales and operations plans must be updated as time progresses, so most firms establish a(n) ________

Fill in the blank(s) with the appropriate word(s).

Business

The DBA must supervise the installation of all software and hardware designated to support the data administration strategy

a. True b. False Indicate whether the statement is true or false

Business