The depressed economy in 2009 led advertisers to hold out for lower rates from networks, depressing CPMs in the up-front season

Pluto Travel Services provided the following information

Direct labor rate: $40 per hour Predetermined overhead allocation rate for indirect costs: $21 per direct labor hour Pluto is negotiating a job with a new client. The job will require 10 hours of direct labor. If Pluto wishes to have at least a 15% gross profit on the revenues, it needs to earn $713 of revenues. Indicate whether the statement is true or false

Job specialization refers to:

A. the process by which each position's formal authority in an organizational hierarchy is established. B. the process by which division of labor occurs as different workers gain expertise in tasks. C. the process by which subordinates receive orders and report to only one superior. D. the process by which members of different departments work together in cross-departmental teams to accomplish projects. E. the process by which employees explore new ways to improve how tasks are performed.