Lean thinking and Six Sigma quality are concerned with achieving low cost along with high levels of quality and responsiveness throughout the supply chain

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Identification occurs when we form an attitude to conform to another person's or group's expectations

Indicate whether the statement is true or false

Business

A(n) ________ sales force is usually less expensive for a company to operate than a(n) ________ sales force

A) product line; geographic B) product line; key account C) industry; geographic D) inside; outside E) outside; inside

Business

A company had net sales of $230,000 for Year 1 and $288,000 for Year 2. The company's average total assets for Year 1 were $150,000 and $180,000 for Year 2. Calculate the total asset turnover for each year and comment on the company's efficiency in the use of its assets.

What will be an ideal response?

Business

Which of the following reports call for a manager’s attention to major problems?

A. andons B. MRP alarm reports C. Kanban cards D. exception reports

Business