The choice of performance evaluation method to use depends upon the purpose of the evaluation.

Answer the following statement true (T) or false (F)


True

Business

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The managers who deploy form of hybrid channels, adaptive channels, view their distribution channels as webs of capabilities embedded in an extended enterprise

They realize that by sharing their resources and capabilities in novel ways, they can take advantage of profit-making opportunities that they could not exploit alone. Indicate whether the statement is true or false

Business

Jenny is an officer of a corporation. She made a difficult business decision. When challenged about her decision, the court ruled she had acted in good faith and that the business judgment rule applied. As such A) Jenny will not be held personally liable for any harm her decision has caused the company

B) Jenny's decision will be reviewed by a court. C) Jenny is immune from a lawsuit. D) Jenny must resign from the board.

Business

A soft drink filling machine is set up to fill bottles with 12 ounces of soft drink. The standard deviation s is known to be 0.4 ounces. The quality control department periodically selects samples of 16 bottles and measures their contents. Assume the distribution of filling volumes is normal

a. Determine the upper and lower control limits and explain what they indicate. b. The means of six samples were 11.8, 12.2, 11.9, 11.9, 12.1, and 11.8 ounces. Construct an X bar chart and indicate whether or not the process is in control.

Business

The time series component that reflects gradual variability over a long time period is called

a. a trend component. b. seasonal component. c. cyclical component. d. irregular component.

Business