A company that sets its goals and strategies based on what its current equipment can manufacture, what its engineering can design, and what the company itself can do best has a(n)_____orientation
a. marketplace
b. sales
c. exchange
d. production
ANSWER: d
A production orientation is a philosophy that focuses on the internal capabilities of a firm rather than on the desires and needs of the marketplace. It asks questions such as these: "What can we do best?" "What can our engineers design?" "What is easy to produce, given our equipment?"
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Which one of the following procedures would not be appropriate for an auditor in discharging his or her responsibilities concerning the entity's physical inventories?
A. Obtaining written representation from the entity as to the existence, quality, and dollar amount of the inventory. B. Confirmation of goods in the hands of public warehouses. C. Supervising the annual physical inventory count. D. Carrying out physical inventory procedures at an interim date.
What common characteristic exists between the EU and China about GHG emissions?
a. They have developed, or have pledged to develop, a cap-and-trade system. b. They have roughly similar levels of CO 2 emissions. c. They have both failed to live up to their Paris Agreement promises. d. They both refused to sign the Kyoto Accord.
George McGovern was instrumental in providing food for the hungry, he publicized the hunger problem in the United States and issued the "McGovern Report" that led to a new set of nutritional guidelines in America
What will be an ideal response?
Decision analysis is a ________ technique
A) linear mathematical programming B) probabilistic C) network D) non-linear programming technique