At one time, most firms assumed defects were an inevitable part of mass production. ________ firms showed that this assumption was not valid.
A. American
B. European
C. Japanese
D. Latin American
E. Chinese
Answer: C
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Examples of ______ are ineffective communication with employees, unclear processes and procedures, disorganized leadership, failure to involve employees, and inadequate resources.
A. change hindrances B. diversity hindrances C. mission hindrances D. mergers and acquisitions hindrances
Bottlenecks are
a. useful for identifing any production spot slowdown. b. machine constraints that restrict the production cycle so idle time at other processes occurs. c. restrictions on raw material sources but not the quality of the output. d. machine constraints in the production line.
Answer the following statement(s) true (T) or false (F)
6. During the idea generation process, it’s best not to consider ideas that are impractical, overly obvious, wild, or even silly. 7. History shows that inventions are often created by more than one individual over a long period of time and are often improvements on existing products. 8. The finding approach views decisions as risky. 9. The finding approach to idea generation assumes that opportunities already exist independent of an entrepreneur. 10. In the building approach, opportunities are found, not created.
Boutique Corporation would like to change its corporate status to avoid income taxes at the corporate level. To qualify, the shareholders must not be
A. corporations. B. estates. C. individuals. D. partnerships.