At HiTech Corp

question 23

Multiple Choice

At HiTech Corp., the leaders' efforts to build a collaborative relationship were met with resistance from union leaders until bankruptcy forced them to work together. This example shows that leaders must:

• A) make changes stick.
• B) communicate the urgency for change.
• C) empower employees to act on the vision.
• D) communicate the vision and strategy.

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Definitions:

Manufacturing Overhead

The indirect costs related to manufacturing that are not directly tied to a specific product, such as factory rent or salary of supervisors.

Allocation Base

A measure or statistic used to distribute indirect costs to different products, services, or business units.

Labor Intensive

A process or industry that requires a large amount of labor to produce its goods or services, often resulting in higher labor costs.

Machine Intensive

A production process that heavily relies on machinery and equipment rather than manual labor for manufacturing goods or services.