Merit increases are at risk and do not happen every year.
a. true
b. false
Ans: a. true
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The management at Sad Clown Pajamas, an Internet-based wholesaler, is considering a new inventory control system. The current system is inadequate because it results in stockouts that interrupt production and excess stocks of some materials that result in markdowns and high carrying costs. The new system, which will focus on ensuring that the amounts purchased minimize these costs, will employ
A) a just-in-time inventory system. B) the economic order quantity. C) a reorder point. D) materials requirements planning.
Which of the following does NOT characterize nonprofit organizations?
A) They champion multiculturalism in their respective communities. B) They are the principal source of employment for the majority of people in their community. C) They serve cultural, educational, religious, and social needs in their communities. D) They serve as the primary source for employment of recent public relations graduates.