Sustainable Economic Development

question 91

Multiple Choice

Sustainable economic development

• A) meets future needs without compromising present needs.
• B) always generates greater profitability.
• C) is the goal of most corporations.
• D) meets present needs without compromising the ability of future generations to meet their needs.
• E) is an idea proposed by Frank and Lillian Gilbreth to cut costs and increase efficiency.

Recognize the effective use of various visual aids including multimedia slides in presentations.

Apply the 6-x-6 rule to create effective presentation slides.

Identifying and utilizing verbal signposts to enhance audience understanding.

Dress appropriately for business presentations taking the audience into consideration.

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Definitions:

Direct Labor-hours

A measure of the amount of time spent by workers who are directly involved in the manufacturing process.

Variable Overhead Item

Costs that vary with the level of production output, such as utilities or materials, and are not fixed over the short term.

Rate Variances

The difference between the actual rate paid for inputs and the standard rate expected, often analyzed for labor or overhead rates.

Efficiency Variances

The difference between the actual amount of an input used and the expected (or standard) amount needed, multiplied by the standard cost per unit of input.