Answer:
True
Explanation:
Chief financial officer is one of the key positions at any company or firm. Chief financial officer plays a critical role in managing cash, account receivable and inventory management. He/She is responsible for handling the cash and managing the cash in such a way to remove chances of bankruptcy and shortages. Overall, it is an important post to complete all the tasks related to cash handling and inventory.
Answer:
Small
Explanation:
Fixed costs are the costs that do not change when output level changes, while variable costs are costs that change as output quantity changes.
When a production process is capacity constrained, it implies that there is a factor that does not allow it to produce more output. Examples of such factors are minor bottlenecks, constrained designs and resources, and others.
A process is said to be efficient when it can avoid waste of resources in producing desired output.
Efficiency improvement therefore occurs when more output can be produced with less resources.
In the question, given that the process is currently capacity-constrained, efficiency improvement will result in producing more output at higher costs because of high variable costs despite that the process has low fixed costs.
As a result, the impact of an efficiency improvement will be small because producing more output will result in incurring higher cost due to high variable costs that change as quantity of output changes. That is, the impact of efficiency improvement will be small because high variable costs with low fixed cost will result in higher production cost.
Answer:
Limit access to private information by friending someone
Explanation:
When conducting recruitment of an individual employers sometimes do background checks on the person's social media information.
There however needs to be consideration of the person's privacy in doing this.
There should be use of only publicly available information, background check can be done by a third party that is not making hiring decision, and do not request username and password for social media platforms.
It is not best practice to befriend a person on social media in order to obtain their private information.
