Define “lean.”

a. A process in which the organization cuts costs in making its products or services.
b. A popular business management approach for eliminating waste in the workplace
c. When an organization thins out the number of employees it has.
d. When a company reduces the amount of paper used in the workplace.


b. A popular business management approach for eliminating waste in the workplace

Business

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List out and define the different terms of leases.

What will be an ideal response?

Business

An employee stock option plan establishes a new legal entity.

Answer the following statement true (T) or false (F)

Business

There are four items (A, B, C, and D) that are to be shipped by air. The weights of these are 3, 4, 5, and 3 tons, respectively. The profits (in thousands of dollars) generated by these are 5 for A, 6 for B, 7 for C, and 6 for D

There are 2 units of A, 1 unit of B, 3 units of C, and 2 units of D available to be shipped. The maximum weight is 16 tons. Use dynamic programming to determine the maximum possible profits that may be generated.

Business

Which of the following is not a category of trademarks:

a. generic b. suggestive c. descriptive d. proprietary e. arbitrary and fanciful

Business