The strategy where the production rate is synchronized with the demand rate by varying machine capacity or hiring and laying off employees as the demand rate varies is the
A) adjustable strategy.
B) chase strategy.
C) level strategy.
D) mixed strategy.
Answer: B
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An important goal of a diversity training program is to
A) achieve minority hiring quotas. B) help employees deal more effectively with people of different cultures. C) move women and minorities into managerial positions more quickly. D) market products to ethnic groups more effectively.
The most challenging part of applying the product life cycle concept is that managers do not know exactly what shape each product's life cycle will take.
Answer the following statement true (T) or false (F)
Moat & Meet, a travel agency, wants to widen its customer base. It adopts a strategy that allows customers to visit their favorite destinations through a virtual reality (VR) machine before visiting the place in person. In this context, which dimension of the business environment is affected the most?
A. The social environment B. The technological environment C. The political environment D. The global environment
The scientific method begins with
A. auditing. B. theory. C. hypotheses. D. paradigm. E. verification.