Why is the management of knowledge and knowledge professionals so critical in today's organizations?
What will be an ideal response?
The world has shift to a knowledge-based economy and knowledge has become one of the most important competitive advantages.
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On January 1, Buchanan Corporation had 50,000 shares of common stock outstanding. On April 1, the company declared a 20% stock dividend, and on August 1, the company had a 3-for-1 stock split. On December 1, the company issued an additional 6,000 shares. What is the denominator in the earnings per share calculation?
A) 186,000 B) 180,500 C) 180,000 D) 173,000
Describe the challenges of managing for globalization. Suppose you manage a small café in a large city with a diverse immigrant population. What are some of the challenges you might face in managing for globalization, and how would you rise to the challenges?
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. One of the reasons a company introduces new products is to exploit customers unfairly. 2. A consequence of advances in technology is that the companies can shorten the product’s life cycle. 3. If the customers do not understand the benefits of a new product, then the new product can fail. 4. Sustaining innovations are targeted toward an existing market. 5. PLM focuses on managing the engineering aspects of a product throughout its useful life.
Unlike JIT, in which the capacities of all operations are equal, synchronous manufacturing aims to balance the product flow through the system, which leaves output levels of the various operations ______.
Fill in the blank(s) with the appropriate word(s).