What is value?
a. A function of the short-term benefits of a product or service
b. How long the product will last
c. The price of the product
d. A function of the short and long-term benefits of a product or service exceeding the
costs of purchasing and maintaining it
d. A function of the short and long-term benefits of a product or service exceeding the
costs of purchasing and maintaining it
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The objectives of just-in-time (JIT) manufacturing usually include all of the following except:
a. large lot sizes b. zero defects c. zero setup times d. zero lead times
Tyler likes to motivate his sales team with prizes. At the end of each quarter, he brings the highest producer to the front of the office and takes some time to shine the spotlight on that employee. Ashley is the only one on his team who has never won the award. Instead, she slows down at the end of each quarter consistently. Even though she had been leading the group most of the quarter. After great thought about Ashley’s quiet nature, Tyler realized that Ashley did not like to have the attention placed on her in a public forum. He then adjusted how he motivates by adding quiet accolades to his approach. This is an example of understanding
a. Self-concept b. Self-efficacy c. Self-esteem d. Individual differences
The e-procurement solution introduced by General Electric for selecting suppliers is called ______.
a. negotiation b. competitive bidding c. online reverse auction d. Dutch auction
Malcolm, the CEO of a multinational company, was forced to step down from his position after a decision was taken by the company's board of directors. The board was strongly opposed to some of his actions. He took major decisions without keeping the stockholders' interest in mind and without consulting the board, leading the company into legal trouble. In this scenario,Malcolm exhibits the characteristics of a(n) _____.
A. free-rein leader B. laissez-faire leader C. autocratic leader D. bureaucratic leader