What do nodes in an influence diagram represent?
a. Part of the model b. Influence levels
c. Road maps d. Environmental factors
a
RATIONALE: Nodes in an influence diagram represent the parts of the model.
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The new, more strategically oriented purchasing departments have a mission. Which of the following most accurately describes that mission?
A) Make the most profit possible and remain independent of entanglements. B) Approach every purchasing opportunity as means to create interdependency. C) Seek the best value from fewer and better suppliers. D) Outsource the supply function. E) Abandon all strategies except for systems selling and buying.
The most common method of delivering training at all levels in an organization is _____.
A. on-the-job training B. cross-training C. web-based training D. informal training
In the BCG growth-share matrix, question marks refer to products or businesses with a ________
A) low market share in a niche market B) low market share in a market with high growth prospects C) greater market share than all their competitors combined in a saturated market D) high market share in a market with a high growth rate E) low market share in a market that is set to shrink significantly
Which of the following is a characteristic of Total Quality Management (TQM)?
a. Decision making power is centrally controlled. b. Functional or departmental boundaries are minimized. c. Cross-disciplinary teams are dismantled. d. Teams perform narrowly focused tasks.