Brant promised to repair Carolyn's car on Thursday. After picking up the necessary part at a junkyard, he discovered he could not do the job after all and that the junkyard would not buy back the part. Carolyn does not know about these developments. However, she thinks Brant will be finished with her car sometime today. What should Brant do?
A) Try to repair the car even though he does not really know how.
B) Try to repair the car so he can at least get his money's worth out of it.
C) Call Carolyn to inform her of the problem, and recommend a reputable repair shop.
D) Fake an emergency and contact Carolyn on Monday.
E) Stall for time to read up on car repairs so he can practice on Carolyn's car.
Question 2 - Costs that are incurred no matter how many units of a product are produced or sold are called
A) operating expenses.
B) overhead.
C) variable costs.
D) fixed costs.
E) inflexible costs.
Question 3 - A manager with many subordinates is said to have a
A) tall organizational structure.
B) narrow span of control.
C) managerial hierarchy.
D) wide span of control.
E) matrix structure.
Question 4 - When asked about the cost of training, executives often respond that it is expensive but not nearly as expensive as the cost of not training.
Indicate whether the statement is true or false
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