Identify a true statement about the Federal Reserve.

A. It is headed by a 15-member Board of Governors.
B. It manages the monetary policy of the United States.
C. It is restricted fromperforming banking services forcommercial banks.
D. It operates under immense political pressure.


Answer: B

Business

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The TQM wheel features ________ at its center

A) incremental improvement B) customer satisfaction C) employee teams D) leadership

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Trying to maximize the short-run return on investment may not be compatible with a company's other objectives.

Answer the following statement true (T) or false (F)

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Which of the following statements regarding supply chain synchronization using kanbans is BEST?

A) An interruption in the flow of goods within a supplier's assembly operations will have no effect on final assembly downstream in the supply chain. B) For the system to work properly, demand rates must be relatively stable and interruptions must be minimized. C) If final assembly demand doubles, there is no need to change kanbans at each of the suppliers. D) Final assembly demand may rise or fall, but the sum of the kanbans among all suppliers in the supply chain will remain constant.

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The famous case of Marbury v. Madison (1803) established the constitutional doctrine of

a. judicial review. b. presidential prerogative. c. congressional power over the budget. d. administrative agency powers.

Business