A before-the-fact flexible budget
A) calculates expected costs for various levels of activity
B) allows managers to deal with uncertainty
C) can be used to generate results for a number of plausible scenarios
D) is a useful planning tool
E) all of these
E
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Which of the following refers to the homework part of the new product development process?
A) implementing a good project prioritization process B) keeping a strong market orientation throughout the new product development process C) spending time on up-front activities before the product is launched D) high-quality execution of the steps of the process
Insider trading is considered patently fair and ethical because it encourages employees to work hard to get access to company information.
Answer the following statement true (T) or false (F)
Which of the following situations would MOST likelyraise an ethical issue with re-spect to proposals?
a. A payroll-processing firm sends an unsolicited proposal to a doctor's officeproposing use of the firm to manage the office payroll. b. A doctor asks the sales representative for a payroll-processing firm to submit a proposal to manage payroll for the doctor's office. c. A nonprofit agency'sboard member proposes to the executive director that she will conduct teambuilding workshops for the agency's staff forhalf of her normal fee. d. The executive director of a nonprofit agency asks a human resources consul-tant to propose a series of teambuilding workshops for the agency's staff.
Finished Furnishings, Inc., agrees to lease an Oak Top-brand desk to Research Resources, Inc. (RRI), which agrees to pick it up at Streetside Warehouse. Before RRI retrieves the desk, it is stolen. The loss is suffered by
A. Perfect Furnishings. B. Oak Top. C. Streetside Warehouse. D. RRI.