According to Chandler (1993), the evolution of the global corporation is the final stage in the transformation of industries in search of what?
a. Economies of scale
b. Economies of scope
c. National difference in the availability and cost of productive resources
d. All of the above
d. All of the above
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_____ measures the amount of sales generated from a particular level of investments in fixed assets
a. Fixed asset ratio b. Fixed asset turnover ratio c. Asset ratio d. Fixed asset ratio e. Inventory turnover ratio
The waste that occurs from any variation in output as a result of poorly planned and designed systems is referred to as ______.
A. muri B. mura C. muda D. kaizen
A subprime loan is a high-risk loan at a high interest rate
Indicate whether the statement is true or false.
A continuous review system is also known as a(n) ______.
a. fixed order quantity system b. annual inventory system c. periodic review system d. fixed order interval system