The reason industries such as robotics and biotechnology have grown rapidly in recent years is that the United States has a surplus of highly educated and experienced workers available for employment in these fields.

A) True

B) False

Due to recent budget shortfalls, Muna is being forced to lay off 50 employees at her firm. She plans to offer a severance package that may be small, but it is still something.

3M Co. reports beginning raw materials inventory of $986 million and ending raw materials inventory of $928 million. 3M purchased $4,576 million of raw materials during the year. What is the amount of raw materials it used during the year?

In implementing a lean production system you should work with suppliers to do which of the following? open facilities near your factory focus workstation capacities backflush provide quality at the source reduce lead times

A total of 1000 units of a certain product must be completed by the end of the current week. It is now late Monday afternoon, so only four days (8-hour shifts) are left.

Process accounting's solution for nonuniform manufacturing inputs is a. calculate total unit cost as if there were uniform manufacturing inputs. b. calculate equivalent units for each category of manufacturing input. c.

What will you call an employee who prioritize her goals rather than the team goal?

Vertical integration allows the firm to gain market power as the firm develops the ability to save on its operations, avoid market costs, improve product quality, and possibly protect its technology from its rivals. A. True B. False

Do you like School? Yes or No

Assume that an MNC purchases a foreign building, and then leases the building to another party and allows that party to operate the business in the building for 30 years if the party follows standards set by the MNC.

Sally Smith incurred expenses of $800 in June which she paid in July. She declared these expenses on her June income statement. By doing this she is following the accounting principle of: