Any activity that does not add value to the good or service in the eyes of the consumer is ________

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


Answer: waste (or muda)

Business

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A new-task buyclass decision begins with which of the following steps?

A) supplier search B) general need description C) product specification D) problem recognition E) proposal solicitation

Business

Depreciation refers to the periodic allocation of the cost of a tangible long-lived asset over its estimated useful life

Indicate whether the statement is true or false

Business

According to Table 13-1, what is the probability of at least one breakdown?

A) 0.2 B) 0.3 C) 0.5 D) 0.8 E) 0.85

Business

A widget is an element of user interface that displays an information arrangement changeable by the user, such as a window

Indicate whether the statement is true or false

Business