With Two Autonomous Division Managers,the Price of Goods Transferred Between

question 121

Multiple Choice

With two autonomous division managers,the price of goods transferred between the divisions needs to be approved by

• A)corporate management.
• B)both divisional managers.
• C)both divisional managers and corporate management.
• D)corporate management and the manager of the buying division.

Understand the implications of lean manufacturing on production setups and batch sizes.

Recognize the impact of lean manufacturing on accounting systems.

Understand the risks associated with implementing lean principles in manufacturing.

Understand the differences between lean and traditional manufacturing environments.

---

Definitions:

Experienced Blind Spot

A phenomenon where expertise or familiarity in one area can lead to an oversight or failure to recognize potential flaws or alternative options in decision-making.

Tenured Managers

Managers who have secured a permanent position, often in academia, offering job security and freedom from dismissal without just cause.

Unexpected Crisis

A sudden, unanticipated event that poses a significant threat and requires immediate response.

Management Processes

The series of ongoing actions and tasks undertaken by an organization's management to plan, organize, lead, and control operations.