An experience curve:
a. captures the per-unit cost declines in production every time the company's accumulated manufacturing volume doubles
b. creates cost savings arise from the combined effects of learning, volume, and specialization
c. a and b
d. indicates professional development growth of employees
e. none of the above
c
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What should you remember when wanting your prospect with a thinker personality to make a decision on your solution?
A. Prospect probably will want input from others before making a decision. B. Prospect might be impatient with you for not moving quick enough. C. Prospect will probably be more methodical and deliberative in decision making. D. Prospect might want a path forward and to feel he or she is making progress. E. Prospect may need some level of social proof or recommendations from others.
Explain the differences between continuous process operations and repetitive process operations.
What will be an ideal response?
For ________ cultures, successful leaders should be supportive and paternalistic.
A) Individualistic B) Collectivist C) Socialist D) All of the above
Managers should be paid
a. on a periodic scale. b. based on results achieved. c. on a piece rate basis. d. using ESOPs.