Scientific management forms of work organization are being replaced with flatter, team- oriented work structures that serve ____________________ and employee involvement rather than mass manufacturing.
A. union demands
B. increased productivity
C. flexible specialization
D. extrinsic motivators
C. flexible specialization
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Governments with high debt may impose __________ controls, which limit consumer purchasing power.
Fill in the blank(s) with the appropriate word(s).
The following data relate to direct labor costs for the current period: Standard costs 9,000 hours at $5.50 Actual costs 8,750 hours at $5.75 What is the direct labor rate variance?
A) $2,250.00 unfavorable B) $2,187.50 unfavorable C) $1,438.00 favorable D) $1,375.00 favorable
A strong grasp of the business fundamentals that underlie international business is an important first step to selecting and developing global leaders.
Answer the following statement true (T) or false (F)
In manufacturing systems, one way to achieve continuous improvement can be to maintain low inventories, and periodically cut safety stocks almost to zero
Indicate whether the statement is true or false