A Manager Is Considered Efficient and Effective If the Manager

question 74

Multiple Choice

A manager is considered efficient and effective if the manager ________.

• A)does not reach goals and does not waste resources
• B)reaches goals and does not waste resources
• C)does not reach goals and wastes resources
• D)reaches goals and wastes resources
• E)wastes resources on unattainable goals

Understand the ethical implications of actions and decisions in the workplace.

Grasp the concept of ethical dilemmas and how they challenge moral values.

Acknowledge the influence of cultural perspectives on ethical standards and practices.

Recognize the importance of ethical questioning and reflection in resolving ethical dilemmas.

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Definitions:

Work in Process

Inventory that is in the production process but is not yet completed. Also known as work in progress.

Job-order Costing System

An accounting system that accumulates costs per individual job or project to calculate profitability and costs.

Indirect Labor Cost

Costs related to employees who assist in the production process but do not actively work on the product, such as maintenance staff and supervisors.

Manufacturing Overhead

All indirect costs associated with the production process, including utilities, depreciation, and supervision expenses, not directly tied to specific product units.