Automatically stopping the process when something is wrong and then fixing the problems on the line itself as they occur is called ________
Fill in the blanks with correct word
jidoka
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An umbrella manufacturing company's fixed costs are $275,000. The variable cost per unit is $5 and each umbrella is sold at $10. How many units should the firm sell in order to break even?
A) 1,819 B) 5,500 C) 18,000 D) 27,500 E) 55,000
Which of the following is true concerning the use of graphics in business documents?
a. Understanding and retention are enhanced by the use of graphics. b. Graphics should be selected that are appropriate for the data and audience. c. Visually presented data can be easily distorted leading the reader to form incorrect assumptions about the information. d. All of the above are true.
To test whether a particular diversification move has good prospects for creating added shareholder value, corporate strategists should use the
A. barrier-to-entry test, the competitive advantage test, the growth test, and the stock price effect test. B. strategic fit test, the industry attractiveness test, the growth test, the dividend effect test, and the capital gains test. C. profit test, the competitive strength test, the industry attractiveness test, and the capital gains test. D. attractiveness test, the cost of entry test, and the better-off test. E. better-off test, the competitive advantage test, the profit expectations test, and the shareholder value test.
The measure of location often used in analyzing growth rates in financial data is the _____
a. arithmetic mean b. weighted mean c. geometric mean d. hyperbolic mean