Lean producers generally use price as the primary criterion for supplier selection

Indicate whether the statement is true or false


False

Business

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Which of the following statements is true regarding a product form competition?

A) It is a wide definition of competition. B) It is useful in the long run. C) It represents the true underlying competitive dynamics. D) It provides the closest set of competitors.

Business

Which of the following statements about the development of the human race is accurate?

a. Kinship-based groups ended and larger human societies appeared around 3,000 BC. b. Remains of Neanderthals demonstrated that humans had little contact with other thinking species. c. Humans migrated out of Africa around 200,000 years ago. d. Some social cooperation became essential to survival roughly around 3,000 BC.

Business

Sir Isaac Newton put England on the gold standard when he

A. set a market price for gold, the British pound and the U.S. dollar. B. declared, as master of the English mint, that he would sell gold for 1 lb., 1 shilling, 1 pence, under the law of one price. C. established a fixed equivalency between gold and the British currency. D. brought the matter to Queen Anne, who declared Britain would follow the gold standard.

Business

In the conflict model of decision-making, the decision style of ______ is a pattern consisting of carefully collecting facts and considering alternatives.

A. vigilance B. defensive avoidance C. hypervigilance D. complacency

Business