Answer the following statement(s) true (T) or false (F)
1. TQM is known for its high success rate.
2. Reengineering is the same as automation, downsizing, and reorganizing.
3. Six Sigma stresses application of tools and diligently questions existing work processes to result in a dramatic, measurable impact to the bottom line.
4. In acquisition of stronger cultures, integration and separation are more effective strategies.
5. Joint research and development consortia would be an example of interorganizational relationships.
1. False
2. False
3. True
4. True
5. True
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If a company purchases treasury stock for $10,000 and then reissues it for $3,000, the difference of $7,000 is
a. treated as a gain on the sale. b. treated as a loss on the sale. c. an increase in stockholders' equity. d. a decrease in stockholders' equity.
Revocation refers to the offeree communicating to the offeror that the offeree does not want to
accept the offer. Indicate whether the statement is true or false
Which of the following is least likely to be regarded as a necessary?
a. Rent. b. Food. c. Medical expenses. d. Educational expenses.
If we use a value close to 1 for the smoothing constant in a simple exponential smoothing model, then we expect the model to respond very slowly to changes in the level
a. True b. False Indicate whether the statement is true or false