JIT, TQM, ABM, and TOC all make a contribution to continuous improvement and are applicable in service businesses as well as in manufacturing and retail businesses

Indicate whether the statement is true or false


T

Business

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The U.S.-Japanese agreement in 1981 to limit imports of small Japanese cars to the U.S.

a. affected Japanese automakers uniformly. b. resulted in losses to the Japanese auto industry. c. cost the U.S. consumer an extra $660 or so per Japanese import purchased. d. did not save any U.S. jobs.

Business

Principle of exceptions allows managers to focus on correcting variances between standard costs and actual costs

Indicate whether the statement is true or false

Business

A primary key that consists of more than one attribute is called a:

A) foreign key. B) composite key. C) multivalued key. D) cardinal key.

Business

The observation that the number of transistors built onto a computer chip doubles every 18 months is known as:

a. Moore's Law c. Doubletake b. Gate's Prophesy d. Acceleration

Business