Describe two of the Standards-setting organizational bodies
What will be an ideal response?
The ITU-T concerns itself with international telecommunications issues. The ITU-T's particular areas of interest are phone and data systems. The ITU-T has established standards that define data transmission over phone lines, e-mail and directory services, and transmission over public digital networks.
ANSI represents the United States on the ISO. However, ANSI does not have a formal affiliation with the Federal Government; it is a nonprofit, private corporation. ANSI's membership list includes industry associations, consumer groups, governmental bodies, professional associations, and other interested parties. ANSI is the principal standards-setting body in the United States.
The IEEE defines many standards for both local area networks (LANs) and backbone networks (BNs). Emphasizing electronics and electrical engineering, the IEEE is the world's largest professional engineering society. The IEEE is playing a critical part in establishing new wireless communication standards. (See this chapter's "Topic in Focus" to find out more about the IEEE.)
The TIA is a nonprofit organization accredited by the American National Standards Institute (ANSI) to develop voluntary industry standards for a wide variety of telecommunications products. The TIA plays a fundamental role in the defining of standards for electrical and functional characteristics of interface equipment.
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Project management appears to be ideally suited for a business environment requiring accountability, flexibility, innovation and repeatability.
Answer the following statement true (T) or false (F)
To calculate the theoretical minimum number of workstations (N) required, we need to first calculate the ______.
A. cycle time B. difference between task times C. balance efficiency D. flow time
Two operationally similar companies, HD and LD, have identical amounts of assets, operating income (EBIT), tax rates, and business risk. Company HD, however, has a much higher debt ratio than LD. Company HD's return on invested capital (ROIC) exceeds its after-tax cost of debt, (1-T) rd. Which of the following statements is CORRECT?
A. Company HD has a higher times interest earned (TIE) ratio than Company LD. B. Company HD has a higher return on equity (ROE) than Company LD, and its risk, as measured by the standard deviation of ROE, is also higher than LD's. C. The two companies have the same ROE. D. Company HD's ROE would be higher if it had no debt. E. Company HD has a higher return on assets (ROA) than Company LD.
Under an ex works contract, a seller is obliged only to deliver the goods at his own place of business
Indicate whether the statement is true or false