Using customer demand to activate production of an item or service is called:
A) the andon method.
B) the pull method.
C) the jidoka method.
D) the push method.
B
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Servicescape refers to the ______.
A. physical surroundings in which a service is assembled and delivered B. physical surroundings in which the seller and government interact C. virtual space in which IT services are provided D. regulatory environment in which the firm functions
Entrepreneurial action can be defined as those situations in which new goods, services, raw materials and organizing methods can be sold at greater than their production cost.
Answer the following statement true (T) or false (F)
If you are sued for monetary losses resulting from bodily injury incurred in an auto accident youIf you are sued for monetary losses resulting from bodily injury incurred in an auto accident you are protected under the are protected under the
A) liability section of your auto policy. B) medical payments section of your auto policy. C) collision coverage of your auto policy. D) other-than-collision coverage of your auto policy.
Which of the following statements is FALSE? Undue influence
A) can be presumed by the courts B) means one party to a contract has taken an unfair advantage over another party C) can be rebutted by independent legal advice D) will be assumed to exist in a contract between a small company and a large company E) can be assumed to exist in a contract between a husband and a wife