Jim is a district manager of Wendy's in west Michigan. when he hires people, the most important thing he looks for is whether people are good problem solvers.
A. Jim is using the trait approach
B. Jim is using Katz's skills approach
C. Jim is using the Mumford skills model
D. Jim is using the style approach
C. Jim is using the Mumford skills model
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Answer the following statements true (T) or false (F)
1. Once made, structural decisions can be easily modified. 2. Readily available resources is one of the critical elements of an operations strategy. 3. Innovation may not be of particularly great importance for mature products when we consider innovation for products in the context of the product life cycle. 4. The ultimate goal of operations and supply chain strategies is to produce and deliver products or services that delight customers. 5. A company’s ability to innovate is likely to be its core competency.
Which of the following is not classified as a support activity reported by not-for-profit entities?
A. Management expenses. B. Program expenses. C. Fund-raising expenses. D. General expenses of operating the not-for-profit entity.
This table contains the performance criteria and scores (larger numbers are better) for four potential suppliers to Kramerica Industries. Evaluate the data and identify the BEST source for Kramerica
Performance Dimension Company A Company B Company C Company D Quality (W = 0.4) 3 4 2 5 Cost (W = 0.3) 4 3 5 3 Flexibility (W = 0.2) 5 3 4 2 Speed (W = 0.1) 2 5 5 4 A) Company A B) Company B C) Company C D) Company D
In the context of the Boston Consulting Group (BCG) growth-share matrix, if one of the strategic business units of a conglomerate is categorized under dogs, the management should
A. hold the business till it turns into a star. B. provide more human resources to the business. C. divest the strategic business unit. D. infuse more capital into the strategic business unit.