What are the three possible results (or findings) from the use of control charts?
What will be an ideal response?
The results of a control chart can indicate (a) in control and capable, (b) in control but not capable, and (c) out of control.
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The Keg Steakhouse & Bar has a simple operating formula. The Keg
A. purposefully limited its menu and has stayed away from food fashions and fads and cut expenses from suppliers. B. purposefully limited its menu and has stayed away from food fashions and fads. C. expanded its menu and embraced food fashions and fads. D. cut expenses from suppliers.
In an international draft, who is both the drawer and the payee?
a. The buyer b. The seller c. The buyer's bank d. The seller's bank
Interest payments on consumer loans are generally tax deductible
Indicate whether the statement is true or false
Jamila works in the marketing department at Intelligentsia, a cutting-edge startup in the process of launching Xanadu, a smart-home/smart-garden technology system. After a very successful crowdfunding campaign and an influx of new angel investors, the company's future is looking bright. The startup's founders, Han and Martine, are very rational decision-makers, balancing optimism with the understanding that most startups, and tech startups in particular, face many risks at every stage of development. Their partner Gerard, however, makes decisions more subjectively and believes he is in control of all situations, even if he is not. Based on the psychological bias Gerard exhibits, which of the following most likely describes his actions?
A. He ignores disagreements and makes decisions quickly, without consulting Han and Martine, citing time pressures. B. When he encounters resistance, he changes the way he words or discusses problems and decisions. C. He chooses to focus exclusively on the company's immediate successes rather thinking about long-term issues. D. He dismisses risks, is overconfident in his experience and skills, and believes that he is immune to failure. E. He procrastinates, avoids discussing problems, and hands off important decisions to lower-level employees.