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1) Which of the following is an example of the planning function of a budget? a. A budget demands integrated input from different business units and functions. b. Employees are motivated to achieve the goals set by the budget. c. Budget figures are used to evaluate the performance of managers. d. The budget outlines a specific course of action for the coming period. 2) Opportunity cost(s): a. of a resource with excess capacity is zero b. should be maximized by organizations c. are recorded as an expense in the accounting records d. are most important to financial accountants 3) Gnome Company is trying to decide whether to continue to manufacture a particular component or to buy the component from a supplier. Which of the following is relevant to this decision? a. the potential uses of the facilities that are currently used to manufacture the component b. the insurance on the manufacturing facility which will continue regardless of the decision c. allocated corporate fixed...

22) Those activities that are designed to prepare employees to keep pace with the organization as it changes and grows are descriptive of __________________. A. development. B. orientation. C. training. D. education. 23) The heart of a continuous effort designed to improve employee competency and organizational performance is referred to as ________________________. A. communication. B. behavioral development. C. training and development. D. organizational development. 24) What requires developing marketable skills and expertise that help ensure employment within a range of careers? A. career development B. career counseling C. job security D. career security 25) A flexible line of movement through which employees typically move during their tenure with the company are known as ___________________. A. organizational hierarchies. B. vocation route. C. chains of command. D. career path. 26) A formal approach used by the organization to ensure that people with...