In the 1960s, a popular ad stated that "Blondes have more fun!" This is an example of
A. data.
B. negative causation.
C. a positive correlation.
D. verification.
E. a proven fact.
Answer: C
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Both Adam Smith and David Ricardo
a. were advocates of free trade and opponents of protectionism. b. were advocates of protectionism and opponents of free trade. c. developed trade theories based on the demand side of an economy. d. maintained that precious metals represented the wealth of a nation.
The goal of inventory management is to:
a. minimize inventory levels while maintaining an adequate supply of goods to meet customer demands. b. maintain the highest possible inventory of raw materials and finished goods as buffer stocks. c. act as an alternative to supply chain management in firms. d. create regular customer stockouts so that the demand for products increases.
Changing circumstances and ongoing managerial efforts to improve the strategy
A. make it very difficult for a company to have concrete strategic objectives. B. are consistent with a planned strategy approach. C. explain why a company's strategic vision undergoes almost constant change. D. account for why a company's strategy evolves over time. E. make it very hard to know what a company's strategy really is.
Which of the following is not a reason why systems planning is so difficult?
A) the stable technological environment B) the need for project portfolios C) the need to involve all top managers D) the alignment of business goals and system plans