Why do companies using responsive service strategy emphasize speed over innovation for its
own sake?
A) They value failure as much as success in developing cutting-edge services and products.
B) They produce products which are in constant development to adapt to a dynamic market.
C) They always rely on low cost production and distribution techniques.
D) They always deal with products which are undifferentiated in nature.
B
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According to Abraham Maslow, at the ________ level of motivation, a musician must make music, an artist must paint, and a poet must write, if he is to be at peace with himself.
A. fulfillment B. belonging C. survival D. respect
Which of the following is not true of fashion merchandise categories?
A. Forecasting the sales for fashion merchandise categories is more challenging than forecasting for staple goods. B. New products are continuously being introduced. C. Buyers often do not have a chance to reorder additional merchandise after an initial order is placed. D. They have a short life cycle. E. Buyers for fashion merchandise categories have a high degree of flexibility in correcting forecasting errors.
Another name for a nominating committee is a/an ______.
A. naming committee B. ad hoc committee C. governance committee D. stewardship committee
Actual throughput level is referred to as?
a. Actual capacity b. Benevolent capacity c. Constrained capacity d. Effective capacity