The top management team at Universal Manufacturing Co., Inc., has decided that it needs to close one of its divisions and eliminate a level of middle management in the surviving divisions. This is an example of

A) reengineering.
B) domain selection.
C) downsizing.
D) buffering.
E) benchmarking.


C) downsizing.
Explanation: Downsizing is the planned elimination of positions or jobs. Common approaches to downsizing include eliminating functions, hierarchical levels, or even whole units.

Business

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IHOP is active on Facebook, Twitter, and YouTube in order to communicate with its customers, conduct a video contest, and generally find out the customers’ likes and dislikes. IHOP in this example, is engaging in ____ marketing.

a. distance b. relationship c. multiple-phase d. experiential e. community

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The ____________________ connection quality improves if you use special IP phones, which let you connect directly to a network without using a computer.

Fill in the blank(s) with the appropriate word(s).

Business

A company's estimated future earnings and its P/E ratio can be used to estimate the stock's future price

Indicate whether the statement is true or false.

Business

Acme, Inc., produces widgets. To manufacture a new type of widget, it took 54 hr for the first widget. Acme estimates it has a 91% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 141th widget.

A. 29.35 hr B. 27.54 hr C. 31.27 hr D. 29.94 hr

Business