Which of the following is FALSE regarding learning curves?
A) Learning curves differ from company to company.
B) The same learning curves are used for indirect labor as are used for direct labor.
C) Changes in personnel can change the learning curve.
D) The learning curve may spike for a short time even if it is going to drop in the long run.
E) All of the above are false.
B
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Which statement is true about a learning organization?
A. It considers training a superfluous corporate ritual. B. It places a relatively low importance on innovation. C. It usually considers organizational learning a barrier to the dissemination of corporate culture. D. It supports lifelong learning by enabling all employees to continually acquire and share knowledge. E. It actively resists organizational change.
"Enriching Women's Lives" is a three-word mantra that is used by Mary Kay. This is an example of which of the following characteristics of good mission statements?
A) It is focused on a limited number of goals. B) It is short, memorable, and meaningful. C) It defines the major competitive spheres in which the company will operate. D) It takes a long-term view. E) It stresses the company's major policies and values.
If the profitability index for a project exceeds 1, then the project's
a. net present value is positive. b. internal rate of return is less than the project's discount rate. c. payback period is less than 5 years. d. accounting rate of return is greater than the project's internal rate of return.
An 80% learning rate means that the time falls by 20% at each doubling of output
Indicate whether the statement is true or false