Which of the following is not one of the formal approaches to supply base rationalization?
a. Twenty/eighty rule
b. "Improve or else" approach.
c. Global sourcing.
d. Triage approach.
e. Competency staircase approach.
c
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Let us consider that customers arrive at the rate of seven per hour and wait for an average 0.25 hour in a shop. Using Little’s law, determine the average number of customers in the queuing system.
a. 2 b. 2.4 c. 1.25 d. 1.75
Preferential selection is discrimination against whites and in favor of members of protected groups.
Answer the following statement true (T) or false (F)
Pisano et al. (2017) identified three core areas of corporate strategy, namely:
a. strategic formation, strategic analysis and strategic implementation. b. corporate scanning, strategic analysis and strategic implementation. c. corporate scanning, environmental analysis and strategic implementation. d. strategic formulation, strategic analysis and strategic implementation.
Characteristics that place the organization at a disadvantage relative to others are termed
A. strengths. B. weaknesses. C. incentives. D. threats.