Answers

BW

Answered

____ is rudeness and employees' lack of regard for one another.

A) Insubordination
B) Incivility
C) Agression
D) Interpersonal relations

On Jul 25, 2024


B
BW

Answered

The cross-price elasticity of demand between good X and good Y is -3. Given this information, which of the following statements is true?

A) The demand for goods X and Y is elastic.
B) Goods X and Y are substitutes.
C) Goods X and Y are complements.
D) The demand for goods X and Y is income elastic.

On Jul 22, 2024


C
BW

Answered

One guiding proposition of Fiedler's contingency theory of leadership is that a relationship-oriented style works best in low-control situations and a task-oriented style works best in high-control situations.

On Jun 25, 2024


False
BW

Answered

Bondi Corporation makes automotive engines. For the most recent month, budgeted production was 1,500 engines. The standard power cost is $3.10 per machine-hour. The company's standards indicate that each engine requires 9.3 machine-hours. Actual production was 1,800 engines. Actual machine-hours were 15,860 machine-hours. Actual power cost totaled $51,593.Required:Determine the rate and efficiency variances for the variable overhead item power cost and indicate whether those variances are unfavorable or favorable.

On Jun 22, 2024


Variable overhead rate variance = (Actual hours × Actual rate) − (Actual hours × Standard rate)= $51,593 − (15,860 hours × $3.10 per hour)= $51,593 − $49,166= $2,427 UnfavorableStandard machine-hours allowed for the actual output = 9.3 hours per unit × 1,800 units = 16,740 hoursVariable overhead efficiency variance = (Actual hours − Standard hours) × Standard rate= (15,860 hours − 16,740 hours) × $3.10 per hour= (−880 hours) × $3.10 per hour= $2,728 Favorable
BW

Answered

If the long-run supply curve of a purely competitive industry slopes upward, this implies that the prices of relevant resources

A) will fall as the industry expands.
B) are constant as the industry expands.
C) rise as the industry contracts.
D) rise as the industry expands.

On May 26, 2024


D
BW

Answered

Erin, the owner of a local children's clothing store, has a strong reputation for anticipating her customers' needs, listening to her customers, and creatively responding to her customers' needs. In the language of TQM, she is

A) effective.
B) proactive.
C) customer-centered.
D) progressive.
E) empowered.

On May 23, 2024


C