Ethan and his peers developed an entirely new set and sequence of order fulfilment tasks that improved organizational efficiency by 20%. The team's efforts demonstrate
A. incremental innovation.
B. process reengineering.
C. self-managed work teams.
D. product reengineering.
E. stage-gate development.
Answer: B
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Daniel is assessing his company's portfolio of products. One of them is the best-selling brand of mayonnaise, although this is now a slow-growing market. If Daniel uses the BCG matrix, he would classify this product as a
A. star. B. cloud. C. question mark. D. cash cow. E. dog.
________ is one of the three general steps that should be followed when analyzing qualitative data. In this step, the researcher develops a visual interpretation of the data with the use of such tools as a diagram, chart or matrix
A) Data display B) Data reduction C) Data determination D) Conclusion drawing and verification
What is the primary focus of a competitor-centered company?
What will be an ideal response?
Gomez Service Company has received $7,500 in cash for services rendered. What affect does this transaction have on the accounting equation?
A) Increase Assets (Cash) and decrease Owner's Equity (Expenses) B) Increase Assets (Cash) and decrease Assets (Accounts Receivable) C) Increase Assets (Accounts Receivable) and increase Owner's Equity (Fees Earned) D) Increase Assets (Cash) and increase Owner's equity (Fees Earned)