A company's president or chief executive officer (CEO) is selected by the stockholders.
Indicate whether the statement is true or false.
Answer: False.
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In larger, older organizations:
A. decisions are delegated to empowered, decentralized subsidiary managers. B. more decisions are delegated to the subsidiary headquarters. C. decisions regarding local adaptation are made at headquarters. D. more decisions are made at headquarters of parent company.
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
In today's labor relations environment:
A. Sweatshops and forms of modern slavery are nonexistent in the United States. B. Workers are assured of a wage necessary to support a family. C. There is an increasing number of employers violating labor standards. D. Workers are generally fired only for good reasons.
When is a currency said to be overvalued?
A) when its internal purchasing power is greater than its external purchasing power B) when its external purchasing power is greater than its internal purchasing power C) when its external purchasing power is less than its internal purchasing power D) when its internal purchasing power is equal than its external purchasing power