Historically, the term _____ applies to the reduced direct-labor requirement per unit of output because of the effects of learning, while the term _____ refers to the longer-term factors of production that systematically reduce production costs
a. learning curve….experience curve
b. learning curve….infinity curve
c. experience curve….Boeing curve
d. experience curve….learning curve
e. None of the above.
a
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Which of the following triggers the systems selection process?
a. logical specification b. physical requirements c. both a and b d. neither a nor b
________ requires lawsuits to be heard by the court with jurisdiction that is nearest to the location where the incident occurred or where the parties reside.
A. Jurisdiction B. Venue C. Circuit D. Doctrine of stare decisis
The capability building process entails
A. deciding which value chain activities to perform internally and which ones to outsource; and deciding how much authority to centralize at the top and how much to delegate to down-the-line managers and employees. B. a wait-and-see attitude, because companies often implement strategy inefficiently or imperfectly. C. appropriate coordinating mechanisms, and those networking and communications arrangements considered necessary to support effective execution of the firm's strategy. D. creating the needed capability internally when industry conditions, technology, or competitors are moving at such a rapid clip that time is of the essence. E. developing the ability to do something, however imperfectly or inefficiently, and molding these efforts into an organizational ability, and as experience grows and personnel perform the activity consistently well and at an acceptable cost, it is transformed into a tried-and-true competence and as they continue to polish and refine their know-how into further improvements, they then create a real competitive capability.
If an agent receives a gift from a third person with whom he is dealing on behalf of the principal, he can keep it without notifying the principal
a. True b. False Indicate whether the statement is true or false