Which type of team expects members to make decisions without consulting higher management?
A. cross-functional team
B. self-managing team
C. problem-solving team
D. virtual team
B. self-managing team
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In most countries, ________ are the major buyers of goods and services. They typically require suppliers to submit bids and often award the contract to the lowest bidder
A) consumer packaged-goods companies B) government organizations C) health services vendors D) educational institutions E) households
Which of the following is a potential use of test marketing?
A) to test the sales potential for a new product B) to test variations in the marketing mix for a product C) to test the sales potential for a new service D) all of the above E) none of the above
Understanding learning curves will enable procurement specialists to determine the number of units of the specialized item that they plan to order and then negotiate with the supplier based on the order size. This statement is an application of learning curves in which of the following functions?
A. workforce planning and scheduling B. cost estimation and budgeting C. new product pricing D. procurement negotiations in supply chains
Many workers' compensation systems are running out of money due to:
a. too many lifetime payment awards being given to workers who are not actually permanently disabled b. too many awards being given to young workers c. premiums decreasing d. federal regulations requiring higher payments to injured workers e. none of the other choices are correct