This Gantt chart can be used to show:
A) activity D must come before activity C.
B) activity F can be done at the same time as D.
C) activity E can begin as soon as activity A is complete.
D) activities D and B can be done simultaneously.
Answer: D
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A financial holding company (FHC) is the a financial structure that can
A. own a bank and an insurance underwriting firm. B. own either an insurance underwriting firm or an insurance agency. C. own either an insurance agency or a securities agency. D. own either a securities agency or a securities underwriting firm.
Because functional organization structures often result in pieces of strategically relevant activities and capabilities being scattered across many different functional departments, companies have found that
A. it makes good organizational sense to combine those functional departments where fragmentation is a problem into a single department. B. it is necessary to outsource those activities that are fragmented to strategic partners in order to achieve the needed coordination. C. it is necessary to give these functional departments the freedom to collaborate closely with each other to achieve the desired degree of coordination. D. there is merit in using business process reengineering to radically redesign and streamline strategy-critical processes and workflow from different departments and unifying their performance into a single department or cross-functional work group that has charge over the whole process. E. TQM is a potent way to reengineer the work effort, avoid the shortcomings of a functional organization structure, and achieve rapid-response capability.
Answer the following statement(s) true (T) or false (F)
1. Cognitive ability tests can be used even when such testing has disparate impact, as long as the test has business necessity and is job related. 2. Simulations are valuable in cases where a real event could be dangerous. 3. At the interview stage, it is not possible to assess culture fit; therefore, it is never ranked as an important criterion. 4. The probing question in an interview requires the job candidate to answer yes or no to a question. 5. “Why do you want to work here?” is an open-ended type of interview question.
All the activities managers engage in to produce goods and services are called operations management.
Answer the following statement true (T) or false (F)