Write a note on the two basic types of controls that are feasible in a computer-controlled production technology.
What will be an ideal response?
Computer-controlled production technologies use two types of control:
• Specialist control-Operators of computer numerical control (CNC) machines must notify engineering specialists of malfunctions. With this traditional division of labor, the specialist takes corrective action.
• Operator control-Multiskilled operators can rectify their own problems as they occur. This strategy is more efficient because deviations are controlled closer to their source. Operators benefit by having an enriched, satisfying job.
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A marketer analyzing the types of media viewed and used by members of a target market is analyzing the ________ element of the marketing mix
A) product B) promotion C) place D) physical evidence E) people
Phoenix, Inc. manufactures widgets. The target sales price is $440 per unit. The company desires a 40% net profit margin on its products. What is the company's target full-product cost per unit using target pricing?
A) $176 B) $616 C) $704 D) $264
A few states have enacted laws to make minimum amounts of liability insurance available at reduced rates to individuals who cannot afford regular insurance or who have limited financial assets to protect
The coverage made available through such a plan is called A) probationary insurance. B) uninsured motorists insurance. C) no-fault auto insurance. D) low-cost auto insurance.
A feature article is longer than a news release and is written for a particular publication.
Answer the following statement true (T) or false (F)