Which of the following questions which companies consider is best aligned with the production orientation philosophy?
a. What are the product preferences of our customers?
b. How can we sell our products more aggressively?
c. What can our engineers design?
d. How can we gather more information about customer needs?
ANSWER: c
A production orientation means that management assesses its resources and asks these questions: "What can we do best?" "What can our engineers design?" "What is easy to produce, given our equipment?"
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Matt is frequently nervous, tense, and worried, both at work and at home. He likely scores low on which of the Big Five personality dimensions?
A. self-monitoring B. conscientiousness C. extroversion D. openness to experience E. emotional stability
__________ refers to the field of management that specializes in the physical production of goods or services.
Fill in the blank(s) with the appropriate word(s).
You plan to work for Strickland Corporation for 12 years after graduation and after that want to start your own business. You expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). The first deposit will be made a year from today. In addition, your grandmother just gave you a $25,000 graduation gift that you will deposit immediately (t = 0). If the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
A. $238,176 B. $250,712 C. $263,907 D. $277,797 E. $291,687
The measure of damages on a breach of contract is the amount that will impress on the breaching party the harm that has been done.
Answer the following statement true (T) or false (F)