Which of the following statements about aggregate planning is TRUE?
A) An advantage of the counterseasonal product and service mixing option is that it matches seasonal fluctuations without hiring/training costs.
B) In aggregate planning, back orders are a means of manipulating supply while part-time workers are a way of manipulating product or service demand.
C) A pure chase strategy allows lower inventories when compared to a pure level scheduling.
D) A disadvantage of subcontracting is that it may require skills or equipment outside the firm's areas of expertise.
E) The option of varying workforce size by hiring or layoffs is used where the size of the labor pool is small.
C
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The concept of guerilla marketing was created by:
A) Jay Livingstone B) Conrad Hilton C) the Marlboro company and Philip Morris D) Jay Conrad Levinson
After management has set short-term goals, the budgeting process typically starts with
A) a clearly defined timetable of events. B) input only from the accounting personnel. C) the naming of an efficient coordinator or director. D) a set of procedures or instructions.
A proposal that the writer initiates is called a(n) _____ proposal
A) solicited B) external C) formal D) internal E) unsolicited
Answer the following statements true (T) or false (F)
1. Mixed-motive situations are rare for groups. 2. Individualists tend to be more competitive with their co-workers than collectivists. 3. Japan is considered a collectivist society. 4. The tendency to be competitive has nothing to do with an individual’s personality. 5. Sherif’s (1966) classic study shows the importance of constructive controversy.