The formal organization stage of business growth is a turning point because the entrepreneur must learn to rise above direct management and work through an intermediate level of managers.

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


False

Rationale: This happens at the intermediate supervision stage.

Business

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Repeating a tagline is ineffective in advertising because the consumer becomes tired of hearing the phrase

Indicate whether the statement is true or false

Business

Full disclosure of all important facts aids in overcoming the limitations of accounting information

Indicate whether the statement is true or false

Business

Using the fixed-time-period inventory model, and given an average daily demand of 200 units, 4 days between inventory reviews, 5 days for lead time, 120 units of inventory on hand, a z of 1.96, and a standard deviation of demand over the review and lead time of 3 units, which of the following is the order quantity?

A. About 2,686 B. About 1,086 C. About 1,806 D. About 1,686 E. About 2,206

Business

The process capability index measures the capability of the process to produce units whose dimensions fall outside the specification limits

Indicate whether the statement is true or false

Business