Darrell and Dave were fierce competitors, which drove both of them to overpay for many of their inputs, resulting in increased prices at their own stores
Dave realized this, and pondered how he could be recognized as a cost leader by his customers and maintain his reputation for quality merchandise. Sacrificing one element of his strategy at the expense of another is recognized as a trade-off in operations management.
Indicate whether the statement is true or false.
Answer: TRUE
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Inspection of the first unit produced is a batch-level activity
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. The study of the meaning of words is called semantics. 2. Jargon is the use of foreign language terms to represent concepts in American business. 3. Jargon is an example of a physical barrier to communication. 4. Trust between parties is an important element in preventing communication problems.
Identify a true statement about positive discipline.
A. Employees usually stay away from engaging in problem behavior when they feel frustrated. B. Supervisors should not only punish problem behavior but also reward desirable kinds of behavior. C. Explaining the consequences of violating rules is not the responsibility of a supervisor. D. Implementation of self-discipline is a redundant concept because most people get satisfaction from doing a job well.
__________ is a statement laying out our expectation of what we are going to do in order to become the organization that we have envisioned.
A. Objective statement B. Formalization C. Organizational structure D. Mission statement E. Complexity