________ is a systematic effort to reduce the cost or improve the performance of products and services, either purchased or produced

Fill in the blanks with correct word


Value analysis

Business

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Regarding cultural forces and their impact on standardization of global operations, which of the following is not true?

A. General-purpose machines typically require more skilled operators than do specialized machines. B. Factories built in industrialized nations with large markets and high labor costs will typically favor capital-intensive processes. C. Specialized machines typically require highly skilled persons to attend to their operation. D. Factories built in developing countries that lack skilled workers may use specialized machines.

Business

Which sentence is punctuated correctly?

A) Customer service must be a priority of all employees ignoring our customer needs will surely put us out of business. B) Customer service must be a priority of all employees, ignoring our customer needs will surely put us out of business. C) Customer service must be a priority of all employees; ignoring our customer needs will surely put us out of business.

Business

BYOD stands for ______.

a. buy yearly only domestic b. bring your own draft c. base yearly orders digitally d. bring your own device

Business

Which of the following products would have the lowest transporting costs as a percentage of the selling price?

A. manufactured food B. sand and gravel C. chemicals and plastics D. pharmaceuticals E. electronic equipment

Business