The particular type of shareholder voting used has become less important with the influence of takeovers, leveraged buy-outs, and other challenges to management control.

General Manufacturing expects to have 40,000 pounds of raw materials inventory on hand on June 30, the end of the current year. The company has budgeted the following production for the first four months of the coming year:

JulyAugustSeptemberOctoberProduction (units)100,000120,000150,000110,000 General Manufacturing desires each month's ending raw materials inventory to be 20% of the following month's production needs. A finished unit requires two pounds of raw materials.General Manufacturing's budgeted purchases of raw materials during July (in lbs.) should be:

Answer the following statement(s) true (T) or false (F)

1. Generalist jobs have HR people working in specific disciplines in HR. 2. Strategy and strategic planning are more important today than ever, due to increased competition. 3. A vision statement is plenty. Most organizations don't need a mission statement because it is redundant. 4. A Broad Differentiation strategy attempts to create an impression of difference for a company's products or services in the mind of their customers. 5. If an organization follows a Cost Leadership strategy, they will likely have broad job classifications and use incentive programs to reward innovation and creativity.