With the aid of computer software, managers can vary assumptions regarding selling prices, costs, and volume and can immediately see the effects of each change on the break-even point and profit. Such an analysis is called:

A) "What if" or sensitivity analysis
B) vary the data analysis
C) computer aided analysis
D) data gathering


A

Business

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The__________is a trade agreement that has dramatically lowered trade barriers worldwide and also created the World Trade Organization

Fill in the blanks with correct word.

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During which period of time was the “tech entrepreneur” born?

a. First Industrial Revolution 1776–1865 b. Second Industrial Revolution 1865–1920 c. Interwar and Postwar America 1920–1975 d. Knowledge Economy 1.0, 1975–Present

Business

The Perfect Manager (Scenario)Brenda Kraft has proven to be an able manager. Her section has a high project completion rate with highest quality products and the lowest defects in her division. In addition, she accomplishes this with fewer full-time people than other managers. Some say that the secret of her success is in her ability to delegate responsibility and her understanding of "management functions."Brenda's ability to complete activities efficiently and effectively with and through other people is known as ________.

A. management B. leadership C. entrepreneurship D. delegation

Business

What is one reason that Six Sigma is more difficult to apply to service processes?

A) There is no manual that suggests how Six Sigma can be applied to services. B) The work product is more difficult to see. C) There is no way to measure process capability of a service product. D) The National Six Sigma Society cautions against using it for services.

Business