Discuss the proactive approach and the reactive approach to TNA
What will be an ideal response?
The proactive approach focuses on future resource requirements. There are two ways of planning for this:
Preparing employees for promotion/transfers to different jobs.
Preparing employees for changes in their current jobs.
The reactive approach begins with an existing discrepancy in job performance. Once a discrepancy is identified, it must be determined if it is worth fixing.
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What is "recourse" as it relates to selling receivables?
a. The obligation of the seller of the receivables to pay the purchaser in case the debtor fails to pay. b. The obligation of the purchaser of the receivables to pay the seller in case the debtor fails to pay c. The obligation of the seller of the receivables to pay the purchaser in case the debtor returns the product related to the sale. d. The obligation of the purchaser of the receivables to pay the seller if all of the receivables are collected.
All costs incurred in the manufacture of final products are product costs
Indicate whether the statement is true or false