Mazie heads Grass Roots Diversified, a company that started making garden rakes in Oregon and has now diversified into a huge range of areas totally unrelated to gardening. Grass Roots has become impossible to run under its current configuration. How should Mazie redesign the organization?
A. create complete business units in Oregon, Kansas, and Alabama
B. organize the business units around serving the government, gardening stores, and kitchen stores
C. group employees by accounting, marketing, design, production, and so on
D. group business units by rakes, furniture, shelving, and kitchen goods
E. structure business units according to the technology used to create products
Answer: D
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Chinese manufacturers face rising wages because of
a. China's one-child policy. b. increased migration to the cities. c. reductions in Chinese interest rates. d. restrictions on Chinese labor unions.
When selecting a topic for your first speech, you should do all of the following EXCEPT
a. avoid overused topics. b. limit the scope of your topic so that it fits the time allotted for your speech. c. make sure you have access to the material you will need to prepare the speech. d. not think too much about your topic as it will come to you.
You have purchased a U.S. Treasury bond for $3,000. No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,000. What interest rate will you earn on this bond?
A. 3.82% B. 4.25% C. 4.72% D. 5.24% E. 5.77%
Calculate the operating income for August using variable costing.
Lilypad Hot Tubs, Inc. reports the following information for August:
A) $380,000
B) $577,000
C) $307,000
D) $650,000