Which of the following is considered to be both a communication tool and a business-planning tool?
a. a memorandum of understanding
b. a histogram
c. a value stream map
d. demand forecasting
c. a value stream map
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In an effort to facilitate exports, countries are designating certain areas as "free trade zones" (FTZ) or "special economic zones" (SEZ)
Indicate whether the statement is true or false
Lucy asks for a $5,000 raise, but her boss says that the most he will agree to is $3,500. In all honesty, Lucy would have been happy with even a $1,000 raise. Which of the following is true?
A. Lucy is likely to accept the raise because it fell within the ZOPA. B. Lucy is likely to accept the raise because it fell outside the ZOPA. C. Lucy is likely to accept the raise because it was worse than the BATNA. D. Lucy is likely to reject the raise because it fell inside the ZOPA.
________ is the process of using data to influence key decision makers.
A. Analytics B. Logic C. Probability D. Process
When you are making a decision, a DSS helps you evaluate all parts of the decision objectively.
Answer the following statement true (T) or false (F)