When trying to ascertain the best approach to organize processes to produce a product, which of the following should be a consideration?

A. The intangible featuresassociated with the customer benefit package
B. The degree of standardization of the product
C. The advertising strategy associated with the product
D. The inventory management process used in the organization


Answer: B

Business

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How should the implementation phase begin in an issue-driven multi-stakeholder dialogue?

a. with agreement that any solution reached is binding on all stakeholders b. by allowing any unhappy stakeholders to withdraw from the dialogue c. with agreement that solutions should only be reached by consensus d. with recognition that every stakeholder may have to sacrifice something

Business

Direct labor costs are included in the conversion costs of a product

Indicate whether the statement is true or false

Business

Which of the following is generally found in most Lean environments?

A) a push or pull system, depending upon the rate of demand B) a push system for high margin items and a pull system for low margin items C) a push system for purchased parts and a pull system for manufactured parts D) push systems E) pull systems

Business

The term, workplace “silos” is most closely associated with which type of organizational structure?

a. functional b. matrix c. product d. geographic e. multiple

Business