In a lean system, an item that is manufactured before it is needed is not considered waste, because it helps keep material flowing through the system
Indicate whether the statement is true or false
FALSE
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SQL is:
A. a standardized fourth generation language found in most DBMSs. B. a storage tool that holds the data and definitions for a database. C. an administrative tool that allows you to set access rights for database users. D. a programming language that can be used instead of a DBMS.
The key to success in recovering unhappy customers is having a well-conceived win-back plan.
Answer the following statement true (T) or false (F)
Raymond Randall is an attorney with the Federal Trade Commission. A 19-year veteran with the agency, Mr. Randall was known as a good trial attorney. The FTC charged William Farley, the chairman of Fruit of the Loom, Inc, with violations of the reporting provisions of the Hart-Scott-Rodino Act, when he purchased shares of West Point-Pepperell Corporations prior to a Fruit of the Loom takeover bid
The Hart-Scott-Rodino Act requires investors to notify the government when their holdings in a firm pass $15 million. The FTC sought a fine of $10,000 per day against Mr. Farley, for a total of $910,000 . Mr. Farley did notify the FTC once Fruit of the Loom made its decision to acquire West Point-Pepperell. Randall was assigned the Farley case. The FTC took a position of refusing to disclose to Farley and his attorneys documents relating to the case. Mr. Randall felt that the documents pointed to weaknesses in the FTC case and supported Mr. Farley's point that he notified the FTC once the takeover position was announced. Mr. Randall leaked the documents to Mr. Farley's lawyer. Mr. Farley's lawyers were concerned that they should not be in possession of government documents returned the documents and resigned from the case because they had seen the documents. Mr. Farley's new attorneys went to court demanding production of the documents. The documents were ordered produced by the court. When the FTC refused to produce them, the case against Mr. Farley was dismissed by a federal district judge. a. Did Mr. Randall do the right thing in disclosing the documents to Farley's attorneys? b. Did Mr. Farley's lawyers do the right thing in returning the documents to the FTC?
All of the following are considered barriers to worldwide sourcing except _____
a. use of simplified Incoterms compared to complex domestic terms of sale b. lack of knowledge and skills concerning global sourcing c. different business customs, language, and culture d. currency fluctuations e. resistance to change