IBM is a good example of a firm that has shifted from manufacturing intensive operations to service intensive operations
Indicate whether the statement is true or false
True
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Brown & Smith, Inc engages in the design, development, making, and retail selling of designer jewelry in North America
Before approving a new design, the company draws it on a computer and then produces models to show potential consumers and get their reactions. This allows the company to analyze the possible customer reaction. Identify the concept testing method used here. A) conjoint analysis B) perceptual mapping C) virtual reality testing D) rapid prototyping E) digital fabrication
What is a view of data at a particular moment in time?
A. Knowledge B. Unstructured data C. Big data D. Snapshot
Activity-based costing (ABC):
A) should not be applied to non-manufacturing activities. B) should not be applied to service companies. C) can be applied to administrative activities. D) can only be used by manufacturing companies.
Which prototype includes only some, but not all, of the components of the final system?
A) first-of-a-series prototype B) selected features prototype C) nonworking scale model D) patched-up prototype