Coca-Cola has developed data analytic technologies to produce orange juice that meets the taste demands of a global customer base. This is an example of using which value chain support activity?
A. technology development
B. marketing and sales
C. procurement
D. human resource management
Answer: A
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BP and Halliburton executives made the decision not to invest in the oil well blowout preventer that experts believe would have prevented the Deepwater Horizon oil rig explosion and fire off the coast of Louisiana. The executives made their decision based on their belief that their decision would have no great negative consequences. Their decision is an example of
A. satisficing. B. panic. C. the curse of knowledge. D. relaxed avoidance. E. relaxed change.
For what purpose do organizations typically review applicant résumés?
A. as a way to control the content of the information and the way it is presented B. as a way to obtain an objective source of information C. as a basis for deciding which candidates to investigate further D. as a substitute for interviews E. as a way to avoid the cost of administering tests related to job performance
The mean squared deviation of all the values from the mean is called the variance
Indicate whether the statement is true or false
Which of the following is an equation or an inequality that expresses a resource restriction in a mathematical model?
A) a decision variable B) an objective function C) a constraint D) a parameter