What is meant by DFD completeness? What is meant by DFD consistency?
What will be an ideal response?
DFD completeness is the extent to which all necessary components of a data-flow diagram have been included and fully described. DFD consistency is the extent to which information contained on one level of a set of nested data-flow diagrams is also included on other levels.
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Commitment in the situational leadership approach can be defined as ______.
A. having motivation and confidence in doing the work B. being dedicated and a hard worker C. possessing the skills necessary to complete the task D. mastering the skills necessary to complete the task
Customer value
A. becomes less important as competition increases. B. is the same thing as low price. C. affects a customer's relationship with a firm before and after a sale. D. is greater if costs exceed benefits. E. None of these answers is correct.
Check sheets might be used with which element of the DMAIC Improvement Cycle?
a. Define b. Analyze c. Measure d. Control
Marcus sells washing machines from his store on a main street in his city. He normally sells ten washing machines a month. He has been considering ways to improve his sales and has improved his advertising, his store signage, and utilizes social media to contact potential buyers in the most likely demographic group, but has only improved sales by one washing machine a month. This month he decided that if he has three times more washing machines in his store and sells them at the same price he is now offering them, he will sell three times more washing machines. What is the fundamental flaw in his plan?
A. Buyers are rational people and the demand for the product will only increase if the price is set at a higher level than it now is B. In order to sell more washing machines he will have to raise the price per washing machine. C. Demand for a product is not necessarily increased just because there is a greater supply, in addition, based on his sales, he has no doubt reached the equilibrium price. D. The supply of a particular product is the quantity of the product that producers are willing to sell at each of various prices. Producers offer more of a product for sale at higher prices and offer less of the product at lower prices therefore, to reach his sales goal, he needs to raise the price.