The allocation of resources between different strategic business units of the corporations is guided by ______.
a. corporate strategy
b. business strategy
c. departmental strategy
d. divisional strategy
a. corporate strategy
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Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 20% complete. The following data pertain to May: Units Work in process, May 1 15,000 Units started during May 60,000 Units completed and transferred out 68,000 Work in process, May 31 7,000 Total Direct Materials Conversion CostsCosts: Work in process, May 1$41,250 $16,500 $24,750 Costs incurred during May 234,630 72,000 162,630 Totals$275,880 $88,500 $187,380 Using the weighted-average method of process costing, the cost per unit
of direct materials is: A. $1.17. B. $1.20. C. $1.18. D. $1.28. E. None of the answers is correct.
Which of the following statements is correct?
a. Latin Americans use a buffer when delivering bad news. b. German letters tend to be informal. c. French letter endings tend to be rather formal. d. Japanese letters avoid bad news.
During the 20th century, the number of federal government employees has:
a. increased in terms of the population b. decreased in terms of the population c. stayed relatively level in terms of the population d. there are no statistics kept to illustrate this point
In order to avoid an unworkable construction of the Sherman Act, the courts have construed Section 1 to prohibit only those restraints of trade that unreasonably restrict competition
a. True b. False Indicate whether the statement is true or false