Gabriel, the CEO of a large global production company, is excited about the introduction of statistics and computer simulations in the design stage of the company's products. Gabriel is using

A. the design approach.
B. quantitative techniques.
C. MBO.
D. scientific management.
E. behavioral management.


B. quantitative techniques.

Quantitative management is the application to management of quantitative techniques, such as statistics and computer simulations.

Business

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As part of its ________ responsibility, management in an organization that practices ____________ must be personally involved in continual improvement.

a) leadership; fiscal responsibility b) financial; leadership c) leadership; total quality d) fiscal; total quality

Business

________ occurs when channel members experience disagreements and their relationship becomes strained.

A. Channel conflict B. Vertical integration C. Outsourcing D. Disintermediation E. Stock-out

Business

Which of the following would be considered goods?

A) company shares B) crops C) trade secrets D) money

Business

Functional teams are often known for their streamlined decision-making

Indicate whether the statement is true or false.

Business