Potential benefits of telecommuting or virtual work for an organization include
A) reduces or eliminates travel-related time and expenses.
B) improves job satisfaction and productivity.
C) allows closer proximity to and involvement with family.
D) increases productivity despite distractions.
B
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In Southwest’s BMC, the company decided to fly only one type of aircraft. What element of the BMC did this address and what was the effect?
a. resources; it affected the key activities required to repair and maintain the aircraft b. resources; it affected customers c. key activities; it resulted in reduced customer relationships d. key activities; it resulted in the value proposition
One step that a company can take to improve procurement is to ______.
a. monitor the costs of poor supplier quality b. periodically change suppliers c. frequently change the team in charge of procurement d. inspect each unit of each product procured
In a hiring situation, considering that other potential costs will not change in the short run, the level of demand that maximizes profits is that level at which the ________ of the last hire is equal to the ________ for that hire.
A. marginal output; market price B. incremental output; marginal output C. demand factor; supply factor D. marginal revenue; wage rate
_____ is the value of a variable that is estimated from a sample.
A. Sample parameter B. Alternative statistic C. Parameter statistic D. Sample statistic E. Alternative parameter