Which of the following is a government payment to help a domestic business compete with foreign firms?
A) Revenue tariff
B) Protectionist tariff
C) Import buy-back
D) Export rebate
E) Subsidy
Answer: E
Explanation: E) Subsidies are government aid to an industry to help it keep prices competitive.
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Which of the following describes the return on assets ratio?
A) Average total assets divided by sales B) Net sales divided by net income C) Net income divided by average total assets D) Average total assets divided by net income
Simultaneous design of products and their manufacturing and support processes is referred to as?
a. Roundtable design b. Leveraged engineering c. Double design d. Concurrent engineering
In a mechanistic organization, employees are
A. given a very narrow view of the tasks they are to perform. B. encouraged to engage in lateral communication. C. asked to think more broadly in terms of where their responsibilities lie. D. required to make their own decisions when appropriate. E. urged to develop knowledge outside of their specialization.
A set of companion surveys used to perform gap analysis in service firms, which is based on the notion that customers are more satisfied when their perceptions of a service are more closely aligned with the service design of the service provider is known as ________.
Fill in the blank(s) with the appropriate word(s).