The business decisions made by the operations management department include manufacturing data, distribution data, and production data.
Answer the following statement true (T) or false (F)
True
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In interdependence techniques, the variables are classified as dependent or independent
Indicate whether the statement is true or false
______________ leaders focus on operational and routine activities within a firm, and it is argued that this is not a true style of leadership but instead “managership” in which control is used to protect the status quo of the firm.
a. Transactional b. Transformational c. Rational d. Committed
Duncan Crafts manufactures specialty key chains for tourist attractions. On January 1, the firm had 300 souvenir attraction disks, costing $3 each, used in the production of key chains. During the year Duncan Crafts purchased 1,500 souvenir disks costing $3 each and produced 1,100 key chains. Compute the total cost of souvenir disk raw materials inventory at December 31.
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)13. Corporate entrepreneurship and intrapreneurship are not the same thing.
13. Corporate entrepreneurship and intrapreneurship are not the same thing. 14. Corporate entrepreneurs work within only large organizations whereas entrepreneurs inside can exist in any type of organization, big or small. 15. An entrepreneur can own his or her own business or work in a corporation with an entrepreneurial spirit. 16. A franchise is a type of license purchased by a franchisee from a franchisor to allow them to trade under the name of that business. 17. Franchising can be a beneficial way for entrepreneurs to get a head start in launching their own businesses as they don’t not have to pay the franchisor royalties after buying the franchise.