Business ethics is a form of applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment
Indicate whether the statement is true or false
TRUE
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Total productive efficiency is produced by an optimal combination of technical efficiency and allocative efficiency
Indicate whether the statement is true or false
________ produce fundamental changes that can transform a company or even revolutionize an industry; ________ enhance existing practices and often represent evolutionary applications of fundamental breakthroughs.
A. New technologies; new paradigms B. Technological breakthroughs; product-market breakthroughs C. Radical innovations; incremental innovations D. Incremental innovations; radical innovations
This is a manufacturing method in which basic parts and components of a product are kept in stock and assembled to the customer’s requirements.
A. make-to-order B. engineer-to-order C. assemble-to-order D. make-to-stock
In the pull approach to manufacturing,production is initiated as individual sales orders are received.
Answer the following statement true (T) or false (F)