Acme, Inc., produces widgets. To manufacture a new type of widget, it took 79 hours for the first widget. Acme estimates it has a 94% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 128th widget.
a. 59.35 hours
b. 57.90 hours
c. 51.27 hours
d. 49.94 hours
c. 51.27 hours
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The regionalized organization
A. seems to be popular with companies that have diverse products, each with different product requirements, competitive environments, and political risks. B. has the advantage that it avoids duplication of product and functional specialists. C. has geographic area managers report directly to domestic operating units. D. avoids problems with global product planning.
The ______ staffing strategy of multinational organizations involves using local foreign managers only.
A. polycentric B. ethnocentric C. geocentric D. regiocentric
Bubbly Bottling Company is engaged in the soft-drink bottling and distribution industry in the states of New York and New Jersey. The firm currently has about 40 percent of the market for these products and related services. Carbonate Distribution
Corporation competes with Bubbly in the same states. Carbonate has about 35 percent of the market. If Bubbly were to acquire the stock and assets of Carbonate, would Bubbly be in violation of any of the antitrust laws? If so, which one? Discuss fully.
The ________ model, as proposed by Michael Ray, explains the decision-making process when a consumer buys a high-involvement product for which there is a high amount of differentiation among competing brands.
A. cognitive response B. five-Ws C. low-involvement D. standard learning E. dissonance/attribution