In Geczi v. Lifetime Fitness, where Geczi suffered an injury when a treadmill at Lifetime malfunctioned but a jury held Lifetime not to be negligent, the appeals court held that Lifetime was not liable because:
a. Geczi expressly assumed the risk of injury
b. Geczi was over 18 when she signed the release of liability form
c. Geczi was a rational adult who should have understood the inherent risks of a treadmill
d. Geczi signed the release of liability form in front of witnesses
e. all of the other choices are correct
a
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Indicate whether the statement is true or false
The accounting system used with JIT manufacturing is called:
a. Backflush costing. b. The push system. c. Perpetual inventory costing. d. First-in, first-out.
Which of the following is NOT true when explaining why productivity tends to be lower in the service sector than in the manufacturing sector?
A) Services are typically labor-intensive. B) Services are often difficult to evaluate for quality. C) Services are often an intellectual task performed by professionals. D) Services are difficult to automate. E) Service operations are typically capital intensive.
A new-product idea moves through the early stages of the life cycle more quickly when it has all the following characteristics EXCEPT
A. having no competitive advantage over those already in the market. B. being easy to use. C. being compatible with the values and experiences of target customers. D. being available for trial on a limited basis, without a great deal of risk to the customer. E. having advantages that are easy to communicate.