A generic market description includes customer needs and product-type terms.
Answer the following statement true (T) or false (F)
False
A generic market description doesn't include any product-type terms. It consists of only three parts of the product-market definition-without the product type.
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Which of the following involves short production runs, continuous flow of operations, cellular manufacturing, reduced floor space, and reduced WIP?
a. product lifecycle management b. throughput time c. push manufacturing d. pull manufacturing
The electronic funds transfer (EFT) system cannot be used for transactions with the government because of security concerns
Indicate whether the statement is true or false
A frequency distribution for a variable produces ________
A) a table of frequency counts B) percentages C) cumulative percentages D) A and B E) A, B, and C
Guestology can be best defined as ______.
a. stories about good experiences of hospitality guests b. the study of how guests behave in hospitality organizations c. the art of treating customers like guests d. The study of the demographics of guests