Which of the following statements is true of sociotechnical systems (STS)?
A. STS emphasizes teamwork and self-managed and autonomous work groups.
B. STS is completely different from lean production methods.
C. STS discourages the inclusion of human values in the work process.
D. STS is based on Taylor's scientific management approach to job design.
Answer: A
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D’Shawn’s organization is transferring him to Beijing. He will be paid according to the pay structure of the Chinese branch, but will receive an allowance to cover the additional housing costs he will incur. D’Shawn’s company is most likely employing a ______ approach to pay.
A. localization B. balance sheet C. split-pay D. local-plus
Define and discuss the pros and cons of three of the following pricing strategies: penetration pricing, price skimming, target return on investment (ROI) pricing, competitor-based pricing, and value pricing.
What will be an ideal response?
A contract under which one or both parties have not yet fully performed is termed a(n): A) ?void agreement
B) ?executory contract. C) ?executive contract. D) ?executed contract.
Each of the following is a major component and player in a marketspace except
A) auctions. B) products and services. C) infrastructure. D) front end.