Which of the following statements is true of dynamic and complex environments?
A. They are characterized by a high degree of predictability of change.
B. There are usually few components in such environments.
C. A high need for sophisticated knowledge of components exists in such environments.
D. The components in such environments are somewhat similar, but are continually changing.
Answer: C
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A ________ is made up of a company, its suppliers, its distributors, and its customers who partner with each other to improve the performance of the entire system
A) value chain B) shareholder network C) business portfolio D) value delivery network E) growth-share matrix
Which of the following is true about termination of franchises?
A) A franchise agreement is void in its entirety if it allows termination without cause. B) They can be terminated only for cause, unless the franchise agreement allows termination without cause. C) They can usually be terminated without cause unless the franchise agreement provides otherwise. D) Regardless of the terms of a franchise agreement, most termination-at-will clauses are considered to be against public policy.
Total inventory is the sum of the scheduled receipts for all items and the on-hand inventories for all items
Indicate whether the statement is true or false
A double-sampling plan is usually less expensive than a single-sampling plan if the lot has a high number of defectives
Indicate whether the statement is true or false