The Pareto chart ______.
A. is based on the Alfredo principle
B. states that 20% of quality problems stems from 80% of causes
C. shows bars arranged in decreasing height from left to right
D. shows bars in different colors based on the value they represent
C. shows bars arranged in decreasing height from left to right
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Managing bottlenecks is typically ______.
A. a short-term capacity planning issue B. a long-term capacity planning issue C. a medium-term capacity planning issue D. not a capacity planning issue
An advertisement in a trade magazine targeted toward veterinarians urges them to prescribe the drug Hepato for cats and dogs with damaged livers
This advertisement was placed by the product's manufacturer. This advertisement is an example of how manufacturers use a(n)__________strategy. Fill in the blanks with correct word.
Directing and motivating are part of the controlling function of management.
Answer the following statement true (T) or false (F)
Castner orally agreed to purchase a desk from the Arman Furniture Company and paid $850 cash. When the desk was delivered the next day, Castner refused to accept it, saying he had changed his mind. When Castner insisted on a return of the $850, claiming that since the agreement was not in writing, he was not bound to accept the desk, Arman Furniture refused. Is Castner correct?
a. Yes; Castner has a legal right to change his mind. b. Yes, if Castner can prove that the desk wasn't worth $850. c. No; Castner is bound on the contract because he had paid for the desk in full. d. Yes; Castner would not be bound unless the agreement to buy the desk was actually in writing.