Describe in your own words what a customer-driven manufacturing philosophy is
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Answer the following statements true (T) or false (F)
1.The imposition of government regulations (clean environment, workplace safety, product safety) on domestic steel companies tends to result in lower production costs and improved competitiveness. 2.The magnification effect suggests that the change in the price of a resource is smaller than the change in the price of the good that uses the resource relatively intensively. 3.According to the specific-factors theory, resources that are specific to import-competing industries tend to lose as a result of trade, while resources specific to export industries tend to gain as a result of trade. 4.Industrial policy includes using governmental subsidies as a tool to provide domestic firms an edge over foreign competitors in domestic and foreign markets. 5.The existence of transportation costs tends to result in increasing gains that a country receives from trade.
Participative budgeting:
a. Results in managers being less apt to meet or beat their budget projections. b. Motivates managers to meet budget numbers because they set them. c. Describes the budget meetings in which managers participate. d. Leaves room to blame top management in the event budget numbers are not met.
Which of the following is an example of a "problem" question that might be used in the SPIN approach?
A. "How many different brands of cereal does your convenience store sell?" B. "Do you eat out with your family often?" C. "Has your business outgrown your current facility?" D. "Do you like to go to NASCAR races?" E. "How many accountants do you employ?"
Filling your answers during an interview with empty phrases such as um, uh, like, and basically suggests to an employer that you ________
A) are confident B) ?are flexible C) are relaxed D) are not prepared