Additional Case 4.1 As the Director of HR, David Is Leading a Management

question 81

Multiple Choice

Additional Case 4.1
As the Director of HR, David is leading a management discussion to plan and implement a diversity management program. David is concerned that management, while tolerant, tends to stereotype minorities and this will eventually lead to difficulties for the firm. The company's top three markets are in Los Angeles, Chicago, and Miami. All three markets are heavily Latino in make-up. The senior management team is all male. The youngest member is 58 years of age.
Martinez, the VP of Operations, feels that people should blend together and that focusing on differences merely creates divisions. He thinks that you should have a common training program to create a unified "American" company culture. Patrick, VP of Finance, doesn't see the need for a program. He respects that people are different, but he feels that once you get to know a Hispanic, African-American, or Asian-American, you know how to work with any Hispanic, African-American, or Asian-American. Moreover, Patrick doesn't believe the company should get into affirmative action programs. The firm tried it ten years ago, and it created many problems.
-Refer to Additional Case 4.1.Patrick is most likely directed by:

• A) his belief that people can control the factors that make them diverse.
• B) shifts in the demographic make-up of the workforce.
• C) the firm's legal responsibilities.
• D) his own cognitive structure.

Discuss how the costs incurred on jobs are recorded and reported.

Explain the treatment of year-end factory overhead balances.

Understand the purpose and use of different types of documents in the costing process.

Understand the process and journal entries for purchasing, requisitioning, and applying materials in production.

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Definitions:

Lasted Many Years

This phrase typically describes events, relationships, or situations that have continued or endured for an extended period of time.

Autonomy

The capacity and right of individuals to make their own choices and decisions independently, often associated with self-determination and freedom.

Private Property

Land or belongings owned by individuals or entities, not by the government or public.

Costs

Costs refer to the expenses incurred in the production of goods or the delivery of services, or the sacrifices made in engaging in an activity.