To complete the current state drawing of a process, a map of the current situation is developed, including such items as material and information flows, process times, setup times, batch sizes, scrap rates, and number of people required

Indicate whether the statement is true or false


TRUE

Business

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If the same sampling procedures are used in each country, the results should be comparable

Indicate whether the statement is true or false

Business

Rebecca and Donna, owners of Fine Coffee and Pastry Shop, are concerned because Panera Bread is opening a new store just one mile from their shop. Rebecca and Donna know that Panera will be offering similar products; therefore, Panera Bread will be a ____ to Rebecca and Donna.

A. competitor B. competitive ally C. strategic ally D. distributor E. internal stakeholder

Business

Personal Wellness ? Jackie has been working for a local small business called Personal Wellness for the last three years. It is a retail business that sells sporting goods equipment. When she started to work there, she noticed several things that were possibly the cause of the business not doing as well as it hoped. Jackie has been thinking of starting her own small business because she feels she has learned much through working for Personal Wellness. ? Jackie's manager asked her to create a business plan for Personal Wellness. The manager hoped that this plan would put things into perspective to help the company do better. After creating the plan, Jackie suggested that Personal Wellness contact a group of senior and graduate students to provide management counseling for the company.

Jackie wants to make sure that her leaving does not become the cause of the company going under. Refer to Personal Wellness. A business plan should answer all of the following questions except A. "Which accounting firm will audit the company?" B. "What exactly is the nature and mission of the new venture?" C. "Why is this new enterprise a good idea?" D. "How much will the new venture cost?" E. "What are the entrepreneur's goals?"

Business

Some states have implemented ________ insurance programs that do not hold a specific driver liable for causing an accident

Fill in the blank(s) with the appropriate word(s).

Business