Answer & Explanation: When planning a procurement, it is useful to at least conduct a make or buy analysis which aids in determining the most cost effective approach, to consult and liaise with in-house experts in the departments of procurement, human resource, and legal, and also to insure the sponsor of the project signs off on the procurement plan. The goal of procurement planning is to increase the transparency and predictability of the procurement process while also deciding on what to buy, when and from what source.
Was horrible for growing crops if I remember correctly
Answer:
The incorrect statement is number (3): Workers are viewed like machinery, needed to get the job done, nothing more.
Explanation:
Lean production or Lean Manufacturing is a method of work organization that focuses on the continuous improvement and optimization of the production system by eliminating waste and all activities that do not add any value to the process. Its main purpose is to minimize the losses that arise in any manufacturing process and implement only those resources that are relevant.
<em>Lean production aims to boost employees' efficiency not necessarily automating their duties.</em>
Answer:
True
Explanation:
Section 351 (a) establishes that no gain or loss should be recognized when property is transferred to a corporation:
- in exchange of stock in that corporation (might receive common stock or share class stocks)
- as soon as the exchange is complete, the new stockholder must be in control of the corporation.
Not all common stocks have the same voting rights, that is why they are divided into share classes which assign separate voting rights or powers. Section 351 does not include preferred stocks.
Answer:
A. whistle-blowing.
Explanation:
Whistle-blowing occurs when an employee exposes information of wrong-doing, unethical practice, or illegal actions. The information released can either be to internal authorities or it can be released to external parties.
When an employee does not have confidence that appropriate action will be taken on the information provided, employees tend to go to external parties with the information.
This was the case with EAC above where the staff were going to the press. EAC now set up a whistle-blowing framework that increased employee confidence and reduced turn-over.