Factory Workers at OMI Corporation Are Scheduled to Work Forty

question 23

Multiple Choice

Factory workers at OMI Corporation are scheduled to work forty hours per week, but frequently work forty-five hours per week, leading to increased payroll costs for OMI.Which of the following statements is most true?

• A)OMI is exposed to liquidity risk.
• B)OMI should consider expanding its workforce as a form of internal control.
• C)Both OMI is exposed to liquidity risk and OMI should consider expanding its workforce as a form of internal control are true.
• D)Neither OMI is exposed to liquidity risk nor OMI should consider expanding its workforce as a form of internal control is true.

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Definitions:

Target Customers

Target customers are specific groups of people or organizations a business aims to reach with its products or services, identified by certain demographics, interests, or needs.

Personality Variables

Characteristics or traits that vary among individuals, influencing behavior and outcomes.

Market Segments

Subsets of a market comprised of individuals or organizations with one or more shared characteristics.

Tying Agreement

A type of agreement where the sale of one product (the tying product) is made conditional on the purchase of a second, distinct product (the tied product).