________ combines the focus on waste reduction with the discipline of define, measure, analyze, improve, and control
Fill in the blank(s) with the appropriate word(s).
Answer: Lean Six Sigma
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The sellers of ________ goods carry a wide assortment to satisfy individual tastes and must have well-trained salespeople to inform and advise customers
A) unsought B) specialty C) convenience D) heterogeneous shopping E) generic
Which kind of dividends have an interest-bearing promise to pay dividends?
a. property dividend b. stock dividend c. liquidating dividend d. scrip dividend
Stella accepts a job as vice president for human resources at a technology startup. She discovers that the startup believes that teamwork is so important that it plans to award all raises and bonuses by splitting them equally within a team rather than presenting them to individual employees. What action should Stella take regarding this plan?
A. Cancel the plan because under it, opportunistic employees will do little or no work. B. Make sure the plan goes into place only after the company has corrected information asymmetry. C. Expand the plan by allowing teams to make hiring decisions and eventually firing decisions as well. D. Interview new candidates extensively to avoid adverse selection.
You are currently 25 years of age. You have developed a lifetime budget that includes $50,000 at age 40 for a
college fund for your kids and $25,000 per year for 20 years to supplement your retirement, the first payment on your 60th birthday and the last payment on your 79th birthday. You open an investment account on your 25th birthday that promises to pay 9% interest compounded annually. You want to deposit equal annual amounts into the account every year on your birthday, starting today (your 25th birthday) and continuing until you are 40 years old (i.e., the last deposit is made on your 40th birthday). How much will each deposit have to be if you want to meet your financial goals?