Dropping an unprofitable product immediately is the best strategy when
A. all advertising and promotional efforts have been exhausted.
B. customers have a negative outlook on other products.
C. losses are too great to prolong the product's life.
D. the product's performance cannot be improved.
E. there is low compatibility with the firm's business strategies.
Answer: C
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When using just-in-time for nonmanufacturing processes,
a. only one product can be identified per department. b. centralized departments allow elimination of waiting time. c. just-in-time cannot be used for nonmanufacturing processes. d. the customer serves as the "product" of the process.
Which of the following types of relationship exists when a person hires another person to perform some form of physical service but does not authorize that person to enter in to contracts on his or her behalf?
A) employer-employee relationship B) employer-agent relationship C) principal-third party relationship D) principal-agent relationship
In which phase of the SCOP process is there an increased emphasis on recycling, reusing, and selling excess inventories?
A. supply planning B. demand planning C. impact on existing products D. operations planning
For most people, Crest toothpaste would be a _______________ product.
Fill in the blank(s) with the appropriate word(s).