Identifying the key functions of management is Henri Fayol’s greatest contribution to:
A. optimizing worker efficiency.
B. the concept of paying a fair wage for a fair day's work.
B. management practice.
C. optimizing workflow.
Ans: B. management practice.
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McGrath's produces and sells two types of t-shirts—Fancy and Plain
The company provides the following data: Budget Actual Unit sales price-Fancy $24 $25 Unit sales price-Plain $18 $17 Unit sales-Fancy 1,300 1,250 Unit sales-Plain 900 875 Compute the flexible budget variance for Fancy t-shirts for sales revenue. What will be an ideal response
After Fidel Castro took power in Cuba in 1959, his government seized control of American property without paying compensation
Coca-Cola, DuPont, Texaco, and dozens of other American companies have filed claims against Cuba seeking financial settlements. Which of the following terms most specifically describes the action Castro took against these companies? A) nationalization B) confiscation C) expropriation D) internationalization E) deportation