________ refers to informal efforts, as opposed to official job assignments, in which employees work to create new products and processes of their own choosing and initiative.
A. Bootlegging
B. Horse trading
C. Benchmarking
D. Skunkworks
E. Buffering
Answer: A
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With the pull approach to manufacturing, factory machinery is arranged in clusters or cells
Indicate whether the statement is true or false
Don Jefferson, owner of Don's Fine Foods, a family-owned grocery store, said to his management team following their SWOT analysis, "We're in trouble. We have been the leading grocer in this geographical area, but Mega Box Store Groceries is opening a superstore a mile away. Our refrigeration system is 15 years old and needs replacing. Our store manager and produce manager are retiring this year. And our employee benefits package is not competitive." A threat to Don's Fine Foods, per the SWOT analysis, is that
A. their employee benefits package is not competitive. B. their refrigeration system is old and needs replacement. C. key personnel are retiring. D. they have been the leading grocer in their geographical area. E. Mega Box Store Groceries is opening a superstore nearby.
A(n) ________ is a third party who is not in privity of contract but who has rights under the contract and can enforce the contract against the promisor.
A. third-party contractor B. assignor C. sub-assignor D. intended third-party beneficiary
Michael has a credit card debt of $75,000 that has a 12% APR, compounded monthly. The minimum monthly payment only requires him to pay the interest on his debt. He receives an offer for a credit card with an APR of 4% compounded monthly
If he rolls over his debt onto this card and makes the same monthly payment as before, how long will it take him to pay off his credit card debt? A) 112 months B) 113 months C) 120 months D) 122 months