Answer the following statements true (T) or false (F)
1. One characteristic of a project is that it is repetitive.
2. Projects can be undertaken only by small companies.
3. An example of a project is 82,000 bottles of Coca-Cola bottled during a single shift.
4. A distinguishing characteristic of processes relative to projects is that processes are fairly repetitive.
1. False
2. False
3. False
4. True
You might also like to view...
A receiving order is an order made by a court for a
A) creditor to receive monies from a debtor. B) debtor's assets to be transferred to a trust. C) debtor's assets to be transferred to a trustee in bankruptcy. D) debtor's assets to be transferred to creditors. E) debtor to receive outstanding monies.
The certificate of a limited partnership must be amended if a new general partner is admitted
a. True b. False Indicate whether the statement is true or false
Before widespread adoption of TQM, most firms assumed that
A. the advantages of mass production were insignificant. B. customers scarcely notice deficiencies in quality. C. production defects were an inevitable part of mass production. D. the cost of replacing defective parts was unacceptable. E. eliminating defects from mass production was achievable.
The contribution margin ratio is the contribution margin per unit divided by the selling price per unit.
Answer the following statement true (T) or false (F)