Continuous improvement is the implementation of a large number of small, incremental improvements in all areas of the organization on an ongoing basis.
Answer the following statement true (T) or false (F)
True
Business
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Leverage from scale economies is limited to manufacturing industries
Indicate whether the statement is true or false
Business
Under the allowance method of accounting for bad debts, the company estimates the amount of bad debts before those debts actually occur
a. True b. False Indicate whether the statement is true or false
Business
A legitimate seniority system is legal even if it perpetrates past discrimination
a. True b. False Indicate whether the statement is true or false
Business
Manufacturers may want to locate close to their customers if the transportation of finished goods is expensive or difficult
Indicate whether the statement is true or false
Business