For pull processes, a manager must forecast what customer demand will be in order to plan the level of available capacity and inventory
Indicate whether the statement is true or false.
Answer: TRUE
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The results of a parallel simulation are compared to the results of a production run in order to judge the quality of the application processes and controls
Indicate whether the statement is true or false
In the maturity phase of the product life cycle, the primary promotional objective is to ________
A) create product awareness B) encourage product trial C) build product credibility D) inform the public of product benefits E) persuade consumers to switch brands
In a new team environment,
A. everyone works to continuously improve methods and processes. B. jobs are narrowly defined. C. tasks and duties are narrowly defined. D. managers alone determine and plan the work. E. cross-training is viewed as inefficient.
Which of the following statements about dividend policies is CORRECT?
A. Miller and Modigliani argued that investors prefer dividends to capital gains because dividends are more certain than capital gains. They call this the "bird-in-the-hand" effect. B. One reason that companies tend to favor distributing excess cash as dividends rather than by repurchasing stock is that dividends are normally taxed at a lower rate than gains on repurchased stock. C. One advantage of dividend reinvestment plans is that they allow shareholders to delay paying taxes on the dividends that they choose to reinvest. D. One key advantage of the residual dividend model is that it enables a company to follow a stable dividend policy. E. The clientele effect suggests that companies should follow a stable dividend policy.