The abundance or shortage of critical organizational resources is an example of uncertainty Question 15 options: True False
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- 23. The theory of loss aversion and reference dependence implies that (a) equilibrium allocations will usually be outside the Pareto set (b) the location of the Pareto set may depend on the initial allocation (c) the Pareto set is piecewise linear (d) the Pareto set is reduced to a single point in the Edgeworth box (e) the Pareto set lies on two adjacent sides of the Edgeworth boxFalse QUESTION 6 Power is based only on the level of management that a superior has attained. True False QUESTION 7 be conducted on a day-to-cManagers can encourage more ethical decision making in their organizations by doing all of the following except: Question 24 options: carefully hiring ethical employees establishing a code of ethics training employees on ethical behavior posting the ethics policy around the building and on the company website
- 12 Assuming there is no change in a product's price or the quantity demanded, if a business owner wants to increase her advertising expenses by $500 monthly, ut of this would cause total costs to and the break-even quantity to question Select one: O a. stay the same; increase. O b. increase; increase. O c. decrease; increase. O d. stay the same; decrease. O. e. decrease; stay the same. car wash pays $2.500 in rent, $500 inQUESTION 47 Which of the following objectives are generally stated in terms of percentage of sales increase and market share, with the goal of increasing those figures? O Objectives regarding efficiency 000 Objectives regarding raising capital Objectives regarding competitive advantage Objectives regarding opportunity costs Objectives regarding employee turnoverOwn understading on Boeing 737NG Overview
- yz=06 Question 6 A newly purchased equipment item in your organization has a compressor that is known to experience failure (requiring complete replacement) after 6 years. Because of the problems in finding OEM parts, your organization is considering purchasing spare compressors. Your organization uses some numbers (all PER SINGLE COMPRESSOR) to make decisions: It costs $1200+YZ to purchase AND store a single spare compressor for one year. It costs $2000 for downtime costs and repair with that same stored compressor It costs $5000 to purchase a compressor (and downtime costs) and repair if you have to purchase it when it is immediately required. (the higher cost reflecting the convenience and not having to pay for storage) If the time frame of analysis is 4 years, use the Poisson distribution to advise on the lowest cost decision (ie. How many spare compressors will you recommend - zero, one, two...?)When performing sales mix analysis , which one of the following is false : a. Producing and selling more units of the product with a higher contribution margin would likely decrease the breakeven point b. Making changes to the sales mix will likely cause a change in the breakeven point c. The sales mix is usually assumed to be remain the same . d. Shifting the sales mix to the product with a lower contribution margin will likely ncrease the overall contribution margin e. Normally the calculation of the breakeven point for multiproduct is more complicated than that for a single productThe main steps in the night audit process, operating modes and prepare reports
- The smoothing constant value must be between O a. 10 and 100 O b. 0.0 and 1.0 O c. 1.0 and 10.0 o d. 1 and 10What is a BFOQ? Why is it used in the workplace? Provide 3 examples of when it might be necessary to have a BFOQ.As the owner of a fast food restaurant with declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded with everything as long as it meets certain health requirements. Money is no object to them. Use Excel to answer this question Requirements: Must include at least one of each item and no more than six of each item Must use whole items (no half or partial servings) Final burger must contain no more than: 3,000 mg of sodium 50 g of fat 3,000 calories Must keep the servings of ketchup and lettuce the same Must keep the servings of pickles and tomatoes the same Must use exactly two buns a. What is the most expensive burger you can make that meets these requirements? b. What are the allocations of each ingredients.