Which of the following is important for a manager to do in the refreezing phase of organizational change in addition to providing positive reinforcement to the employees?

A) provide feedback
B) build momentum
C) supply resources
D) explain desired goals

Answer: A

Business

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If the daily demand is 30 and the lead time in days is 3, what is the reorder point?

A company distributes repair parts for high-end appliances. The annual demand is 81,000 and the company operates 300 days per year. The annual carrying cost is 20% of the item cost, which is $500. The ordering cost is estimated at $60 and the shortage cost is $150.

Business

A life insurance policyholder may no longer need life insurance. Such a policyholder may sell the policy to a third party for more than its cash value

The purchaser becomes the new beneficiary and is responsible for subsequent premium payments. Such a financial transaction is called a(n) A) collateral assignment. B) accelerated death benefits rider. C) absolute assignment. D) life settlement.

Business