Which of the following is true about a lagging strategy?

a. The most aggressive strategy for capacity expansion is a lagging strategy.
b. When a company pursues a lagging strategy, it increases its capacity only when there is a sizeable increase in demand.
c. With a lagging strategy the firm is most likely to have idle capacity or excess inventories.
d. The firm is able to adapt quickly to changes in demand.


b. When a company pursues a lagging strategy, it increases its capacity only when there is a sizeable increase in demand.

Business

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A place where people buy or sell stocks is known as a stock

A. exchange. B. index. C. fund. D. holding.

Business

Men may try to hide which of their feelings?

A. fear, sadness, loneliness, or embarrassment B. disgust, happiness, surprise, or fear C. fear, happiness, surprise, or loneliness D. embarrassment, fear, surprise, or sadness

Business

Capital rationing is the process by which management decides how to divide the capital budget among the various departments or divisions in the company

Indicate whether the statement is true or false

Business

Compare and contrast the principles of scientific management and the Panopticon as management models. How do they work? Which is most effective under what circumstances? (This is a more advanced level question that implies wider reading.)

What will be an ideal response?

Business