If Microsoft announces plans for a new-product development, smaller firms may choose to concentrate their development efforts in other directions to avoid head-to-head competition. In this example, Microsoft is employing a ________ defense strategy
A) preemptive
B) counteroffensive
C) mobile
D) flank
E) contraction
A
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Which file provides information on machine capacity, machine time cost per unit, operation process time, and setup time?
a. bill of operations b. capacity requirements file c. master schedule d. standard time database
Flitter reported net income of $17,500 for the past year. At the beginning of the year the company had $200,000 in assets and $50,000 in liabilities. By the end of the year, assets had increased to $300,000 and liabilities were $75,000. Calculate its return on assets:
A. 5.8%. B. 8.8%. C. 23.3%. D. 35.0%. E. 7.0%.
Which of the following is NOT a criticism of scientific management?
A. It does not appreciate the social context of work. B. It does not appreciate the higher needs of workers. C. It does not appreciate the careful study of tasks and jobs. D. It does not acknowledge variance among individuals. E. It tends to regard workers as uninformed and ignores their ideas and suggestions.
Spreadsheet models are referred to as what-if models because they
a. are mathematical and logic-based models. b. allow easy instantaneous recalculation for a change in model inputs. c. come preloaded on computers. d. have specialized functions to perform detailed analysis.