The sales and production departments within the television company Omega need to communicate with one another or the company will not produce enough televisions to fulfill its sales needs
The problem is that these two departments report to different directors. There is poor communication between these two departments. It would be BEST for the company to work on ________ in order to produce enough televisions.
A) flattening its structure
B) decentralizing authority
C) role enlargement
D) mutual adjustment
D
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Which one of the following statements concerning the economic order quantity (EOQ) is TRUE?
A) The EOQ is the order quantity that minimizes annual inventory holding costs. B) An increase in demand will increase the EOQ. C) The time between orders (TBO) will increase with an increase in holding costs. D) The EOQ formula assumes that there are only three relevant costs: holding, transportation, and setup.
The theory of relative purchasing power parity states that, between two nations, the ________
A) inflation rates are unrelated B) exchange rate differential reflects the inflation rate differential C) inflation rate is smaller in weaker currencies D) the interest rate is greater than the inflation rate during depreciations