Which of the following statements is true of operations management in the 2010s?
A. It focuses on creating value rather than minimizing costs.
B. It focuses on efficiency rather than effectiveness.
C. It favors simple supply chains rather than complex value chains.
D. It focuses on mass production rather than mass customization.
Answer: A
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Which would be the best way to persuade your boss to implement a flex-time schedule in your office?
A) Provide research that shows that this arrangement is workable and often results in increased productivity B) Give the boss the names of the employees who would be interested in working a flex-time schedule C) Tell the boss how happy it would make you to have the flexibility to accommodate your personal interests D) Inform the boss about the many leisure activities that employees would be able to engage in if the flex-time schedule were implemented E) Tell her that your friend's brother's company is considering a flex-time schedule at its local office
When the prospect's objection is valid, it calls for:
A. rephrasing of the objection. B. the boomerang method. C. the compensation method. D. the direct denial method. E. the indirect denial method.
Jane is risk manager of ABC Manufacturing Company. She is trying to decide whether to self-insure her company's workers compensation exposure or to purchase insurance
Jane would like to use regression analysis to predict the number of workers compensation claims that will occur next year. The number of claims will be the dependent variable in the regression. All of the following would be reasonable independent variables to use EXCEPT A) number of employees. B) number of hours worked. C) total assets. D) payroll.
Briefly explain why "equal pay" and "minimum wage" legislation has not ended the subordinate status of women in the labor market, both in terms of compensation and of duties or responsibilities