In Japanese operations strategy, kaizen refers to

A. value chain.
B. zero defects.
C. rightsizing.
D. total quality management.
E. continuous improvement.


Answer: E

Business

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1. Men earn more master’s degrees than women. 2. The number of women who successfully navigate the labyrinth is on the rise. 3. The majority of organizational research applies equally well to people of all colors, abilities, and sexual orientations. 4. The research on female and male leadership has generally tended to focus on establishing differences between women and men. 5. Research data suggests the gender gap in leadership is starting to close.

Business

Hill Top Lumber Company is considering building a sawmill in the state of Washington because the company doesn't have such a facility to service its growing customer base that is located on the west coast. Hill Top's executives believe that future growth in west coast customers will make the sawmill project a good investment. When evaluating the acceptability of the project, which of the following would be considered a relevant cash flow that should be included when determining its initial investment outlay?

A. Hill Top spent $150,000 to prepare the feasibility report of the project. B. The annual cash inflow of $2 million from another existing project that will continue unaffected by the new project. C. The cost of an existing debt of the firm that will annually increase by 0.3 percent as per the lending terms of the debt.  D. The cost of $3 million incurred to clear the land on which Hill Top wants to build the sawmill. E. It is estimated that $20 million of business from existing customers will move to the new sawmill.

Business

While calculating the budgeted cash payments for selling and administrative expenses, noncash expenses like depreciation are also considered

Indicate whether the statement is true or false

Business

In most states, the courts no longer grant "equitable" remedies

Indicate whether the statement is true or false

Business