Which of the continuous improvement tools is used to conduct root-cause analysis?
A) statistical process control (SPC)
B) flow chart
C) Ishikawa diagram
D) Pareto chart
Answer: C
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Which of the following statements is true of transportation in the context of global product distribution?
A) Global firms fail to survive in a "two-speed world" that has a high growth rate and low per capita income. B) Companies in low-growth markets need to deliver high volumes of low-cost products profitably with little infrastructure to support it. C) Companies in high-growth markets need to develop innovative and cost-competitive logistics to surpass competitors without sacrificing profit margins. D) A company with home-market competitive advantages in both upstream and downstream activities may be forced to reconfigure distribution activities to enter new global markets.
________ e-commerce is the online exchange between companies and individual consumers
A) B2B B) B2C C) P2P D) C2C E) C2B
In process costing, the cost of units finished in the last department will be transferred from work in process to:
A) cost of good sold B) completed processes C) finished goods D) sales
Aunt Butch borrows $19,500 from the bank at 8 percent annually compounded interest to be repaid in 10 equal annual installments. The interest paid in the third year is ________
A) $1,336.00 B) $1,560.14 C) $2,906.11 D) $1,947.10