Which of the following is NOT a tool for analyzing and designing processes?
a. assembly drawings
b. process simulation
c. value stream mapping (VSM)
d. ABC analysis
d. ABC analysis
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Juanita has set up a new bakery that produces different outputs such as cookies, cakes, and brownies while using common ingredients and tools. The type of operation system Juanita is using is ______.
a. continuous process operations b. repetitive process operations c. batch process operations d. project process operations
Jason and Stacey posted a copy of their favorite movie, Frozen, on YouTube. When YouTube realized it was posted, it removed it to avoid breaking copyright laws and was not liable for the posting. This is known as
a. a legal reaction. b. a safe harbor. c. the digital solution. d. copyright liability.
Why did lawyers originally refrain from advertising?
What will be an ideal response?
You have recently started a small business. Your primary competition is much larger and can benefit from economies of scale that keep its costs (and prices) significantly lower than yours. To be competitive, it is important for you to
a. clearly differentiate your product or services. b. grow so that you can reduce your costs to match those of the competition. c. keep your workforce wages low to reduce your current costs. d. There is not enough information to provide an answer.