Scenario 5.1 CyberRocket Inc.is a High-Tech Manufacturer with an Exciting New Product

question 12

Multiple Choice

Scenario 5.1
CyberRocket Inc.is a high-tech manufacturer with an exciting new product, the Astro-Cruiser, a virtual Ethernet connector for shuttles orbiting the Earth.This product will allow astronauts to browse the Web while cruising in space.The product depends extensively on new technology and producing it requires extensive knowledge of astrophysics.CyberRocket is planning a rapid expansion of this business and needs to analyze the jobs that will emerge during the production of the Astro-Cruiser.The job analysis should contain information about what the workers will do in a job rather than what is involved in the job.The company would like to identify only the essential functions of the jobs.The head of the research and development team and the head of the production team are the only two individuals within the company who really understand the new product and the knowledge, skills, and abilities of employees that will be necessary to produce it.
-Refer to Scenario 5.1.The two top executives decide that the newly hired astrophysicists will work independently, with little oversight or control by top management.The information will most likely appear in the:

• A) job description.
• B) job specification.
• C) job request.
• D) personnel file.
• E) executive succession plan.

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Definitions:

Return On Investment

A measure of the financial gain or loss on an investment relative to the amount of money invested, usually expressed as a percentage.

Contribution Margin Ratio

The ratio of contribution margin (sales minus variable costs) to sales revenue, indicating the percentage of each sales dollar available to cover fixed costs and profit.

Fixed Expenses

Expenses that remain the same regardless of the level of production or sales activities.

Sales

The total revenue generated from the sale of goods or services by a company during a specific period.