Which of the following activities would be classified as a batch-level activity?
A. Designing a new product.
B. Milling a part required for the final product.
C. Training employees.
D. Setting up equipment.
Answer: D
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The probability that a project will be completed within a specified period of time can be calculated using the standard normal equation, which is ______.
a. (due date – expected date of completion) / the project’s standard deviation b. (expected date of completion – due date) / the project’s standard deviation c. the project’s standard deviation / (due date – expected date of completion) d. the project’s standard deviation / (expected date of completion – due date)
According to your text, what is meant by good corporate leadership as a key element in developing a successful corporate social responsibility (CSR) program?
A. The emphasis in business thinking has shifted from people to process; leaders must understand the process of developing a CSR program in order to implement it. B. Leaders who can thoughtfully balance the four dimensions of CSR and communicate their intentions accordingly generally succeed at implementing socially responsible behaviors. C. The firm's leaders should seek significant interaction with the stakeholders who influence the decisions and behavior of the company. D. CSR policies and procedures are most useful when they are written down, well understood, and endorsed by the company's leaders. E. Leaders are most effective when they remove themselves from the process of developing a CSR program, leaving it instead to the people who must implement the program on a daily basis.
________ means that the marketing mix is distinct from what is available from a competitor.
A. Differentiation B. Operational C. Competitive D. Diversification E. Visible
List the major types of salespeople and indicate how they differ.
What will be an ideal response?