Assume that it takes 100 hr to produce the first unit of a product, and the learning rate for this production process is 80%. Using the arithmetic approach, determine the labor hours required to produce the fourth unit.
A. 100 hr
B. 80 hr
C. 64 hr
D. 52 hr
C. 64 hr
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Jack knows that his company is unable to provide employees with a holiday bonus. As the company gives a holiday bonus every year, he is certain his employees will be disappointed. Several weeks before he needs to tell employees about the bonus, he starts a rumor that the company is considering layoffs. Thus, when the employees hear that there is not a bonus, they are relieved, as this is better than layoffs. Which commonly used heuristic is Jack utilizing?
A. availability B. projection C. representativeness D. anchoring and adjustment
An example of a chain retailer performing a wholesaling function is _____
a. gaining exclusive rights to sell certain items b. introducing private brands, such as Sears' Kenmore c. using point-of-sale equipment to determine inventory levels d. buying directly from suppliers
Discuss the five dimensions of Trompenaars values study that concerned relationships among people.
What will be an ideal response?
Which of the following is true of white papers published by companies?
A. White papers are considered extended versions of e-books. B. White papers specifically aim to promote a particular company's products to customers. C. White papers are regularly-updated websites usually managed by a small group within a firm. D. White papers are customized web pages that follow from clicking on an online advertisement. E. White papers address issues in an industry and offer solutions to customers.