The ________ is used to specify the raw materials, quantities, and subassemblies needed to create a final product

Which of the following observations about teamwork is true?

A) It makes work less interesting and significant. B) Quality-control activities cannot be performed in teams. C) Teamwork not suited to the service sector. D) It can result in lower labor costs. E) A team must be at the same location at, the same time to be effective.

Which of these forms of borrowing results in the lowest cost of credit?

William Jones is evaluating three possible means of borrowing $1 million for one month:
Drawing down on a line of credit at 7.2% with a ½% commitment fee on the full amount with no compensating balances.
A banker’s acceptance at 7.1%, an all-inclusive rate.
Commercial paper at 6.9% with a dealer’s commission of 1 /4% and a backup line cost of 1 /3%, both of these would be assessed on the $1 million of commercial paper issued. A. Line of credit. B. Banker’s acceptance. C. Commercial paper