Valarie Robbins,a Project Manager at Schmitt and Co

question 5

Multiple Choice

Valarie Robbins,a project manager at Schmitt and Co.,believes that she should create an opportunity for all employees to gain knowledge about the different areas in the organization.She believes that it will make her employees familiar with all departments of the company.Her manager advises her that this strategy could cost the company time and money.Which of the following statements supports Valarie's belief?

• A) The economy is currently under recession, and the company is losing profits.
• B) This strategy takes up a lot of time, something that the company cannot afford.
• C) This strategy will create job dissatisfaction in employees who prefer to stick to one job.
• D) Too much knowledge will create confusion when employees keep switching roles.
• E) This strategy will allow employees to develop new skills and will keep them empowered.

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Definitions:

Factory

A building or set of buildings equipped with machinery for manufacturing or producing goods.

Cupcake Mix

A pre-prepared blend of ingredients used for baking cupcakes, requiring only the addition of a few wet ingredients.

Prime Costs

Prime costs are the direct costs of manufacturing a product, consisting of direct labor and direct materials.

Conversion Costs

The aggregate of labor and overhead expenses incurred in converting raw materials into finished goods.