Practice Chapter 3
1. At a monthly volume of 25,000, a company incurs variable cost of 19,000 and fixed costs of
6,000.
Required:
Determine each of the following values:
a.
Variable cost ratio
b.
Contribution margin ratio
c.
Monthly break-even pound sales
Chapter 4
Measuring relevant costs and
revenues for decision-making
Question 4.24
Make or buy decision
The management of Springer plc is considering next years production and purchase
budgets.
One of the components produced by the company, which is incorp
1.
_isdefinedasgetting
workdonethroughothers.
A. Management
B. Planning
C. Organizing
D. Strategizing
E. Controlling
Managementisdefinedasgettingworkdonethroughothers.
PointsEarned: 1/1
CorrectAnswer: A
YourResponse: A
2. Amanagerstrivingtoimproveorganiza
1.
Priortotheintroductionof_,fiveworkerseach
givenanidenticaltaskcouldusefivedifferent
methodstoperformthetaskwithsomemethods
beingsignificantlymoreefficientthanothers.
A. contingencymanagement
B. scientificmanagement
C. bureaucraticmanagement
D. informat
Whatarethetwotypesofexternal
organizationalenvironments?
1.
A. generalandthespecific
B. publicandprivate
C. globalandthenational
D. organizationalandtheinterpersonal
E. marketspecificandtheproductspecific
PointsEarned: 1/1
CorrectAnswer: A
YourResponse: A
1.
Asustainablecompetitiveadvantageexistsforan
organizationwhenothercompanieshavetried
unsuccessfullytoduplicatetheadvantageand_.
A. thosecompanieshavebeenprohibitedfromduplicatingtheadvantag
B. thosecompanieshave,forthemoment,stoppedtryingtoduplicateth
C
1.
Globalbusiness_.
A. isthebuyingandsellingofgoodsandservicestopeoplefromdifferen
B. includesanysaleofgoodsandservices
C. onlyinvolvescompanieswithmorethan50employees
D. referstosalesmadetopeoplefromdifferentcultures,differentregion
E. isunregulated
This
1.
Perceptualfiltersmayoccur
astheresultof_.
A. stimulusbaseddifferences
B. physiologybaseddifferences
C. situationcontextualdifferences
D. personalitybaseddifferences
E. allofthese
PointsEarned: 1/1
CorrectAnswer: D
YourResponse: D
2. Thestepsinthebasicp
1.
Preventive measures are a form of control.
Preventive measures are a form of control.
Correct. Control is not
just an after-the-fact
a. True
b.
process. Preventive
measures are also a form
of control. See 16-1: The
False
Control Process
2.
A quality of
1.
Whichofthefollowingisamajorconcernof
leaders(asopposedtomanagers)?
A. controllingandlimitingthechoicesofothers
B. solvingproblemssothatworkcanbedone
C. preservingthestatusquo
D. inspiringandmotivatingothers
E. afocusonproductivityandefficiency
PointsEa
1.
_istheprocessoffinding,developing,and
keepingtherightpeopletoformaqualifiedwork
force.
A. Functionalresourceplanning
B. Humanresourcemanagement
C. Workforceforecasting
D. Recruiting
E. Humanresourceimplementation
PointsEarned: 1/1
CorrectAnswer: B
Your
Planningisultimatelybasedupon_.
1.
A. howaplannerdealswithboundedrationality
B. choosingagoalanddevelopingamethodorstrategytoachievethatgoal
C. therelationshipbetweenorganizationallineandstaffpersonnel
D. whetherthemissionstatementisinternallyorexternally
1.
Thebasiccontrolprocessbeginswith_.
A. eitherbenchmarkingorkeystoning
B. theestablishmentofclearstandardsofperformance
C. thecomparisonofactualperformancetoexpectedperformance
D. problemidentification
E. determiningwhatcorrectiveactionwillbeifactualperf
1.
Amodemfactoryownedby3CominMortonGrove,
Illinois,has1,200workerswhospeak20different
languages.Thisfactoryillustrates_.
A. acculturation
B. diversity
C. affirmativeaction
D. culturalorganization
E. organizationalplurality
Diversityisatermthatdescribesorg
King Abdulaziz University
Faculty of Engineering
Industrial Engineering Department
Course: IE332
Engineering Statistics II: Credit (3: 3, 2)
Calendar: Spring 2015
Instructor: Dr. Raed Obaid
2012 Course (Catalog) Description:
Basic notions of statistics a
1.
Schaffenberg Enterprises owns three businesses, all of which are
located in Germany. As the businesses are located outside the
United States, Schaffenberg Enterprises is an example of a
multinational corporation.
Schaffenberg Enterprises owns three bus
1.
Leaders have a relatively short-term perspective, while
managers take a long-term view.
Leaders have a relatively short-term perspective,
while managers take a long-term view.
Correct. Managers have a
relatively short-term
perspective, while leaders
a.
In terms of job performance, the term ability refers to how
1.
well someone performs the requirements of a job.
In terms of job performance, the term ability refers
to how well someone performs the requirements of a
Incorrect. Ability is the
job.
degree t
1.
A group of mechanics working in the same garage on the same
car to prepare it for a race would be considered a work team.
A group of mechanics working in the same garage on
the same car to prepare it for a race would be
Correct. Work teams
considered a
1.
Nearly all technology cycles follow a typical S-curve pattern
of innovation.
Nearly all technology cycles follow a typical S-curve
pattern of innovation.
Correct. Studies have
shown that nearly all
technology cycles follow
a. True
b.
the typical S-curv
1.
Choosing a goal and developing a method or strategy to
achieve that goal is called planning.
Choosing a goal and developing a method or strategy
to achieve that goal is called planning.
Correct. Choosing a goal
and developing a method
a. True
b.
or str
A competitive advantage becomes a sustainable competitive
1.
advantage when other companies start duplicating the value a
firm is providing to customers.
A competitive advantage becomes a sustainable
competitive advantage when other companies start
Correc
I would like to do my research paper on a few different types of management styles that I have
experienced throughout my career in the optical business. I have experiences managers, district and
store level managers that lead by intimidation, threats, and
Engineering Statistics II Lab/ /Tutorial Syllabus Spring 2015
Instructor Information
Name of the
Instructor
Office hours
Section
Building
and
office
location
Lec. Heba
Basheikh
U.T.R 12-2
W. 11-1
BAG
7-2152
Contact
number
E-mail
27080
[email protected]
Chapter 3
Costvolumeprofit analysis
Question 3.24
The graphs shown below show costvolumeprofit relationships as they are typically
represented in (i) management accounting and (ii) economic theory. In each
graph TR=total revenue, TC=total cost, and P=prof
Practice Chapter 4
1.Rippey Ltd. manufactures a single product with the following unit costs for 5,000 units:
Direct materials
Direct labour
Factory overhead (40% variable)
Selling expenses (60% variable)
Administrative expenses (20% variable)
Total per u
3
The Marketing Environment
ROAD MAP: Previewing the Concepts
Describe the environmental forces that
affect the companys ability to serve its
customers.
Explain how changes in the demographic
and economic environments affect
marketing decisions.
Identi
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