________ ratios measure the efficiency with which assets are converted to sales or cash
A) Liquidity
B) Activity
C) Profitability
D) Market
E) Financing
B
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Some company executives become so committed to a current, profitable technology that they fail to provide adequate levels of investment in new, apparently riskier technologies
Indicate whether the statement is true or false
In measuring service quality, the perception gap is the difference between what customers ______.
A. expect to receive from a service and what they actually receive B. expect to pay for a service and what they actually pay C. paid for a service and what it cost the supplier to provide that service D. receive from a service and what the government requirements stipulate they should receive
Which of the following statements regarding lean enterprises is true?
a. lean manufacturing refers to making only those items in demand by customers and making those items without waste. b. Learn enterprise put pressure on their entire value chain to minimize waste, maximize quality, eliminate actvities and add product cost but not value and shorten delivery lead time for products and services. c. lean enterprises emphasize an organizations ability to leverage technology and train employees. d. All of the above statements are true.
The most common way to design a process layout for a manufacturing facility is to arrange departments or work centers such that ______.
a. the total cost of materials handling is minimized b. the total time for materials handling is minimized c. the total man hours for materials handling is minimized d. the total distance travelled for materials handling is minimized