A bottleneck is an operation that has the lowest effective capacity of any operation in the process

Indicate whether the statement is true or false


TRUE

Business

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Which of the following distorts communication between the buyer and the seller?

A. Decoding tools B. Noise C. Caution signals D. Feedback E. Encoding mechanisms

Business

Acme Global forecasts that it will have a labor shortage in 2 years. Given the new products the organization is developing, there will not be enough skilled workers available for Acme Global to hire, nor will its current employees have the necessary skills. Acme Global’s best method for dealing with its labor shortage would be ______.

A. overtime B. temporary or contract workers C. retraining D. turnover reduction

Business

Which of the following is an example of a source objection that a salesperson for a small publishing company might hear from a bookstore owner?

A. "I only deal with large, well-established publishing companies." B. "Your books are priced too high." C. "I don't take risks with books by new authors." D. "I'm too busy to talk to you now." E. "I am satisfied with the amount of stock I currently have."

Business

The owner's rights to the assets rank ahead of the creditors' rights to the assets

Indicate whether the statement is true or false

Business