________ is the strength of a conclusion reached through research
A) Flexibility
B) Validity
C) Responsiveness
D) Reliability
E) Representativeness
B
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Answer the following statements true (T) or false (F)
1. The application to management of techniques such as statistics and computer simulations is known as quantitative management. 2. Oscar is a manager of a downtown hotel and is currently considering the pricing of rooms for the upcoming holiday season. He would be wise to use the mathematical tools of management science to help him with this decision. 3. Facilities management is concerned with work scheduling, productions planning, and optimal levels of inventory. 4. Over the years, Toyota has used a variety of operations management-based "lean management" techniques to sell its cars on the basis of superior quality.
Custom Quilters makes decorative comforters, quilted garments, and other products in a small sewing factory. The company expects to make 2,000 comforters during the current year. With respect to the comforters, how would the hourly wages of sewing machine operators be classified?
A. Direct and fixed B. Indirect and variable C. Direct and variable D. Indirect and fixed
A "think-local, act-local" multidomestic strategy entails
A. giving local managers considerable strategy-making latitude and often producing different product versions for different countries. B. pursuing strong product differentiation and competing in many buyer segments. C. offering a narrow product line aimed at serving buyers in the same segments of country markets worldwide. D. extensive efforts to transfer a company's competencies and resource strengths from one country to another so as to keep entry costs into new country markets low. E. adopting aggressive efforts to locate facilities in those country markets that have superior resources.
The four types of flexibility needed by businesses include all of the following except:
A. Employment flexibility B. Pay flexibility C. Community flexibility D. Procedural flexibility