Illusion of control, discounting the future, and framing effects are all examples of
A. psychological biases.
B. vigilance.
C. goal displacement.
D. time pressures.
E. social realities.
Answer: A
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Design for logistics is ______.
A. the process of designing a product so that it can be transported easily by the customer to its place of use B. the process of designing a product so that it can be transported easily through the supply chain C. the process of designing a product so that it matches up well with the capabilities of a firm’s supply chain members D. the process of designing the supply chain so that it is capable of producing inputs to the primary firm
In the context of SWOT analysis, which of the following best exemplifies a firm's internal weakness?
A. increased competition in the industry where the firm operates B. irregularity in the raw materials supply throughout the industry C. decline in the firm's market share D. fall in the purchasing power of the firm's customers
The design of a product using standardized parts while incorporating a degree of customized assembly prior to delivery to customers is referred to as?
a. Product standardization b. Mass standardization c. Mass customization d. Product differentiation
Which sentence is correct?
A) Whom should be the new business and industry representative? B) ?Please let me know who's responsible for handling customer complaints. C) The position of district manager will be given to whoever you identify as the top salesperson.