Which of the following statements is true of the just-in-time operating environment?
A) Simplicity and quality are good, but inventories and nonvalue-adding activities are not.
B) Inventories are necessary to support the production function.
C) Just-in-time is based on push-through production concepts.
D) Just-in-time is based on the scientific management principles established by F.W. Taylor.
A
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A back order is an unfilled customer order for a product that is out of stock.
Answer the following statement true (T) or false (F)
By __________, managers help shape the legal environment in which they do business
a. lobbying legislators b. forming coalitions c. refusing to follow laws viewed as unneeded by company officials d. lobbying legislators, forming coalitions, and but not by refusing to follow laws viewed as unneeded by company officials
Joanne's colleagues praise her ability to remain calm under all circumstances. Joanne is confident about her professional skills and can perform well under pressure. Which of the following Big Five personality dimensions is best reflected by Joanne in this scenario?
A. High adjustment B. High openness to experience C. Weak surgency D. Weak conscientiousness
With reference to #28, suppose that the assessor has looked at comparable properties in the area and their sale prices. As a result of this study, the assessor reduced the valuation of the property by 10%. Which method of valuation is the assessor using?
A)?Market approach B)?Income approach C)?Cost approach D)?None of the above