Maslow explains that people come to the workplace ______.
A. encouraged
B. already motivated
C. with ambivalence
D. ready to be motivated
B. already motivated
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________ is a two-way communication process with the goal of securing, building, and maintaining long-term relationships with profitable customers.
A. Personal selling B. Publicity C. Direct marketing D. Sales promotion E. Advertising
The tailored strategy "Focus on low-cost, decentralized capacity for predictable demand" follows which risk mitigation strategy?
A) Get redundant suppliers. B) Increase capacity. C) Increase responsiveness. D) Increase inventory.
Cycle time is computed as:
A) desired output divided by the daily operating time. B) daily operating time divided by the product of desired output and the sum of job times. C) the product of desired output and the sum of job times divided by daily operating time. D) daily operating time divided by the scheduled output. E) 1.00 minus station time.
Loos Corporation uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to Cost of Goods Sold. The direct labor standards for the company's only product specify 0.90 hours per unit at $21.50 per hour. During the year, the company started and completed 26,800 units. Direct labor employees worked 25,220 hours at an average cost of $22.50 per hour.Assume that all transactions are recorded on a worksheet as shown in the text. On the left-hand side of the equals sign in the worksheet are columns for Cash, Raw Materials, Work in Process, Finished Goods, and PP&E (net). All of the variance columns are on the right-hand-side of the equals sign along with the column for Retained Earnings.When the direct labor cost is recorded,
which of the following entries will be made? A. $25,220 in the Labor Efficiency Variance column B. $25,220 in the Labor Rate Variance column C. ($25,220) in the Labor Rate Variance column D. ($25,220) in the Labor Efficiency Variance column