Which of the following statements regarding lean enterprises is true?
a. lean manufacturing refers to making only those items in demand by customers and making those items without waste.
b. Learn enterprise put pressure on their entire value chain to minimize waste, maximize quality, eliminate actvities and add product cost but not value and shorten delivery lead time for products and services.
c. lean enterprises emphasize an organizations ability to leverage technology and train employees.
d. All of the above statements are true.
d
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Your manager discusses your job performance with you. She says, "Could you summarize for me what I've told you?" Your manager is attempting to overcome communication barriers by the method of
A) asking for feedback. B) appealing to human motivation. C) being a positive person. D) using multiple channels.
A novation is an agreement between two parties to have one substitute for the other in a contract
Indicate whether the statement is true or false
One disadvantage of budgeting is that budgeting makes it more difficult to coordinate the activities of the entire organization.
Answer the following statement true (T) or false (F)
In time value of money, what is the term for a series of equal payments or deposits over equal periods of time?
A) Lump Sum B) Annuity C) Income D) Revenue E) Lottery