Boeing, Northrup Grumman, and Lockheed Martin control the vast majority of the U.S. defense contractor industry. In terms of the form of competition, this industry is an example of a(n) ________.
A. monopoly
B. oligopoly
C. trilateral monopoly
D. pure competition
E. monopolistic competition
Answer: B
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A code of ethics is a:
A. document containing all company guidelines for nondiscriminatory behavior. B. declaration by the company that it will never share its professional success with the public. C. list of company secrets. D. statement containing the goals of the organization in terms of how it operates and how it treats customers and competitors.
The following are benefits of joining the Project Management Institute EXCEPT
A. Offers project management certification through formal examination. B. Invitations to PMI sponsored workshops and national forums. C. Membership in one of more than 300 local chapters across North America. D. Subscription to PMI publications. E. All of these are benefits of joining the Project Management Institute.
When high ethical principles are deeply ingrained in the corporate culture of a company, culture can function as a powerful mechanism for all of the following EXCEPT
A. gaining employee buy-in to the company's corporate values. B. communicating ethical behavioral norms. C. gaining employee buy-in to the company's business principles. D. boosting short-termism. E. gaining employee buy-in to the company's moral standards.
An assembly line is assigned as follows. Station 1- task A, B, and C. Station 2- task D. Station 3- task E and F. The task times are 7, 3, 2, 9, 4, and 5 minutes respective to A, B, C, D, E, and F
(Assume that there is no precedence relationship between the tasks, i.e., they can be performed in any order) (a) Calculate the efficiency. (b) What would the assignment of tasks to stations be using the shortest processing time heuristic (assuming the current maximum station time remains the cycle time)?