Which of the following can be used to pinpoint problems such as bottlenecks and delay points, wasteful activities such as rework, and locations where redundant or unnecessary activities occur?

A. value stream map (VSM)
B. process simulation
C. service blueprint
D. process chart


D. process chart

Business

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Some period costs can be found in inventory accounts on the balance sheet

Indicate whether the statement is true or false

Business

______ describes times when people have strong moral opinions but can’t explain their reasoning.

Fill in the blank(s) with the appropriate word(s).

Business

_______ entails the related activities of internally generating leads from databases, prompting and gathering inquiries externally from the marketplace, and qualifying leads and inquiries as significant prospects

a. Leads b. Inquiries c. Prospects d. Prospecting

Business

Which of the following is considered the “gold standard” of a CVP?

a. all-benefits approach b. points-of-difference approach c. resonating-focus approach d. low-cost advantage

Business