A prime example of an internal failure cost is the:
A) labor cost associated with inspecting every item produced.
B) labor cost associated with repairing an item returned under warranty.
C) material cost of a piece of stock metal that has had too large a hole drilled in it.
D) material cost of the paint applied to the case of a finished unit.
C
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A product line is most likely too long if managers can ________
A) decrease costs by adding items B) increase market share by adding items C) increase profits by dropping items D) decrease costs by dropping items E) increase profits by adding items
Joint venturing has occurred when two or more U.S. companies jointly invest in distributing products to a foreign country
Indicate whether the statement is true or false
Lupita is teaching employees how to use the company’s new software needed for their jobs. The knowledge, skills, and abilities they are learning will help them succeed in their work. Lupita is providing ______ to employees.
A. development B. orientation C. training D. drills
"Shouldn't you go ahead and order swimsuit stock for your retail store now before the heavy demand of the summer season reduces the available choices of styles and colors?" This is an example of a(n):
A. suggestive proposition. B. prestige suggestion. C. counter suggestion. D. direct suggestion. E. autosuggestion.