An organization's values statement identifies fundamental beliefs about what is important to the organization
Indicate whether the statement is true or false
T
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Answer the following statement(s) true (T) or false (F)
1. Only factors in the external environment determine what actions we must take to make strategic choices for our organization. 2. Influences from outside the organization may cause the company to adapt to change. 3. Resources or products from suppliers can be affected by external forces, such as natural disasters. 4. The availability of recruits and employees for an organization has an effect on its performance.
Pat told her friends that her car got 35 miles to the gallon in the city when in reality it only got 20 miles per gallon. When Pat decides to sell and one these friends decides to buy the car, Pat is under no duty to tell the correct figure unless asked
a. True b. False Indicate whether the statement is true or false
Describe failure and its effect on entrepreneurs.
What will be an ideal response?
A bakery's use of corn syrup is normally distributed with a mean of 50 gallons per day and a standard deviation of 5 gallons per day. Lead time for delivery of the syrup is normal with a mean of 4 days and a standard deviation of 2 days
The manager wants a service level of 99 percent. Calculate the reorder point.