Use financial plan that covers specified length of time

Assignment Help Operation Management
Reference no: EM131267879

1. A budget is a single-use financial plan that covers a specified length of time.

   a. true

   b. false

2. The next step in the human resource planning process, after taking a human resource inventory, is determining net human resource requirements.

   a. true

   b. false

3. The jury of executive opinion of forecasting predicts future sales levels primarily by asking appropriate salespeople to give their opinions on what will happen to sales in the future.

   a. true

   b. false

4. In considering selection of a site for a plant, one question an organization should ask is about the adequacy of housing and schools around potential sites.

   a. true

   b. false

Reference no: EM131267879

Questions Cloud

The wallingford bowling center : A group of twelve lifelong friends put together $1,200,000 of their own funds and built a $6,000,000, 48-lane bowling alley, near Norfolk, Virginia. What is (are) the major problem(s) facing Wallingford? How could you resolve the problem? Apply the d..
Component of negotiation strategies : Which of the following is a component of negotiation strategies? Which of the following is not an advantage of a virtual company?
Describe how the affordable care act : Describe how the Affordable Care Act was marketed to Spanish-speaking consumers. In your opinion, what more could have been done to reach this consumer segment?
Which is a component of negotiation strategies : Which of the following is a component of negotiation strategies? What is meant by employment-at-will and why is it difficult to terminate employees despite this principal?
Use financial plan that covers specified length of time : A budget is a single-use financial plan that covers a specified length of time. The next step in the human resource planning process, after taking a human resource inventory, is determining net human resource requirements. In considering selection of..
Component of the organizations operating environment : Motivations, status symbols, and attitudes are all important aspects of the international component of the organization's operating environment. The price of fuel for vehicles that distribute a company's products would be part of the economic compone..
Identify the constituencies these ibm task forces represent : Case Study Diversity as Strategy (Canas and Sondak p.73). Identify the constituencies these IBM task forces represent. What was the purpose of the task forces? Did these task forces help IBM manage diversity? If so, How? if not, Why not?
Guide decision making associated with patient care : Explain four ethical theories and/or principles that guide decision making associated with patient care. Please feel free to use a bullet format. (Also, would Utilitarianism, egalitarianism, libertarianism and deontology be four of them?)
What challenges do organisations face when crafting strategy : Evaluate the importance of aligning strategy among the levels of an organisation. What challenges do organisations face when crafting strategy? How do managers determine an appropriate lens or approach to strategy?

Reviews

Write a Review

Operation Management Questions & Answers

  What is the maximum inventory held in given EOQ cycle

A bakery buys sugar in 15-pound bags. The bakery uses 5000 bags of sugar each year. Carrying costs are $20 per bag per year. Ordering costs are estimated at $5 per order. Assume that the bakery is open 250 days a year and its daily demand is estimate..

  Predict test scores based upon hours spent studying

A researcher wants to predict test scores based upon hours spent studying. Which type of regression would be more appropriate? a. multivariate regression b. ordinary least squares regression c. logistic regression d. weighted least squares regression

  Discuss the challenges faced by managers

Discuss the challenges faced by managers when identifying the strategic initiatives the company must pursue to achieve its goals and prioritizing the goals.

  Dealing effectively with diversity means

Dealing effectively with diversity means:

  About the contribution margin ratio

Rothe Company manufactures and sells a single product that it sells for $200 per unit and has a contribution margin ratio of 25%. The company's fixed costs are $43,000. If Rothe desires a monthly target operating profit equal to 20% of sales, sales w..

  Poisson arrivals and exponential service times model

Jay's Store operates a fleet of 10 trucks. The trucks arrive at random times throughout the day at the store’s truck dock to be loaded with new deliveries or to have incoming shipments from the regional warehouse unloaded. Using the Poisson arrivals ..

  Interests were affected by the hidden obsolete inventroy

Richmond, Inc., operates a chain of 30 department stores. Two years ago, the board of directors of Richmond approved a large-scale remodeling of its stores to attract a more upscale clientele. Identify the parties whose interests were affected by the..

  What should hr do about the older workers

What should HR do about the older workers? younger workers don't have the experience, etc. as older workers who will benefit?

  The transfer batches at bottleneck be large or small

In general, at a bottleneck operation should the process batch size be large or small?(assume a setup between each batch, and that larger process batches can be formed by combining multiple jop orders for identical or similar items) should the transf..

  How much should be invested at 12 per nominal interest rate

How much should be invested at 12% nominal interest rate, compounded monthly, to provide equal yearly payments of $10,000 per year for 6 years, starting 12 years from now? The interest rate remains constant.

  Benefits and services to an increasingly diverse workforce

As employers strive to offer benefits and services to an increasingly diverse workforce, they sometimes encounter backlash from employees who resent their policies. Do you think employers should avoid offering a benefit if a substantial minority of i..

  Rationale behind your approach and the systematic procedures

Think of two creative ideas for services to be provided by the grocery industry. Be very specific in terms of the rationale behind your approach, and the systematic procedures (e.g., questionnaire) you would use to introduce your services to the mark..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd