The cost of equipment would include the cost of test runs to see that the equipment is operating properly

Indicate whether the statement is true or false


True

Business

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The average length of time elapsed before the product or component fails is known as ______.

A. MTBF (mean time between failures) B. MTBF (mean time of breakdown frequency) C. MTTR (mean time to repair) D. MTDT (mean time of downtime)

Business

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

1. It might be appropriate to make concessions during negotiations in order to preserve the working relationship. 2. Since negotiation tactics differ from culture to culture, both national and organizational culture must be considered when negotiating. 3. Managers will have more power in the negotiation process if they appear less confident than the other party. 4. The purpose of the negotiation process is to maximize your advantage.

Business

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

1. The best-known and most widely used group creativity technique is brainwriting. 2. Conflict or dissent is positive for group creativity. 3. Organizational climates that encourage risk-taking have more creativity. 4. Extrinsic rewards can hurt creativity.

Business

__________ refers to services that are perishable and, unlike physical products, cannot be stored in inventory.

Fill in the blank(s) with the appropriate word(s).

Business