Which of the following is an example of an action based on an internal assessment?
a. A restaurant adds smoothies to its menu after reading a report that Generation Z consumers appreciate freshness and customizability in menus.
b. A restaurant decides to open earlier on weekends after receiving many calls from customers trying to make brunch reservations.
c. A restaurant signs up with a third-party delivery service to compete with other restaurants on the service.
d. A restaurant decides to sign on and use UBER because all the competitors are increasing their revenue this way and there is no insurance cost to the restaurant.
b. A restaurant decides to open earlier on weekends after receiving many calls from customers trying to make brunch reservations.
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Which of the following is an example of a global-village high-touch product?
A) personal computers B) Canon cameras C) designer fashions D) Fuji bicycles
Which is the correct formula for productivity growth rate? Assume that P1 is the productivity in the period before period P2.
a. (P1 – P2)/P2 b. (P1 + P2)/P1 c. (P2 – P1)/P1 d. (P1 + P2)/P2
The question that is the objective of the diagnostic and feedback phases of the OD process is:
a. What do we do next? b. What is going on here? c. What is the plan? d. Who is involved?
Which of the following is NOT true regarding period order quantity method (POQ) of lot sizing?
A) POQ is better suited to lumpy demand than EOQ. B) The order quantity is constant. C) POQ is derived directly from the EOQ. D) The time interval of inventory coverage is constant. E) POQ and EOQ will try to order the same number of times per year.