Managers of organizations frequently feel that the Occupational Safety and Health Administration (OSHA) represents unnecessary regulation of their activities because:
A. it releases a completely new set of standards for all industries each year.
B. it releases highly specific standards that are seldom applicable to all industries.
C. it is very expensive to implement its standards.
D. it publishes lengthy and voluminous reinterpretations of various existing health standards each year.
Answer: D. it publishes lengthy and voluminous reinterpretations of various existing health standards each year.
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Ruth Company produces 1,000 units of a necessary component with the following costs:
Direct Materials $34,000 Direct Labor 15,000 Variable Overhead 9,000 Fixed Overhead 10,000 Ruth Company could avoid $6,000 in fixed overhead costs if it acquires the components externally. If cost minimization is the major consideration and the company would prefer to buy the components, what is the maximum external price that Ruth Company would accept to acquire the 1,000 units externally? a) $58,000 b) $59,000 c) $62,000 d) $64,000