Theory Y managers adhere to the principle that most people do not work to their fullest intellectual potential.
Answer the following statement true (T) or false (F)
True
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Anita is a store manager who wants no employee input when she is making decisions about how the store should be operated. She prefers to make all the decisions by herself. What kind of a manager is Anita?
A. Democratic manager B. Persuasive manager C. Transformational manager D. Chaotic manager E. Autocratic manager
In order to be the basis for a firm's superior performance, a bundle of resources must be valuable, rare, and imitable.
Answer the following statement true (T) or false (F)
Which of the following statements about ABC analysis is FALSE?
A) ABC analysis is based on the presumption that controlling the few most important items produces the vast majority of inventory savings. B) In ABC analysis, "A" items should have tighter physical inventory control than "B" or "C" items have. C) In ABC analysis, forecasting methods for "C" items may be less sophisticated than for "A" items. D) ABC analysis is based on the presumption that all items must be tightly controlled to produce important cost savings. E) Criteria other than annual dollar volume, such as high holding cost or delivery problems, can determine item classification in ABC analysis.
Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed from oldest to most recent). Forecast sales for the next day using a two-day moving average
A) 14 B) 13 C) 15 D) 28 E) 12.5