Continuous improvement with lean systems:
A) involves navigating a ship over treacherous rocks.
B) requires periodically increasing lot sizes or workforce levels to uncover problems.
C) entails systematically stressing the system and focusing on problem areas.
D) focuses exclusively on internal operations without addressing relationships with customers and suppliers.
C
You might also like to view...
________ is the last phase of the listening process.
A. Attending B. Responding C. Comprehending D. Hearing
Answer the following statements true (T) or false (F)
1. Assets are either financed through liabilities or equity. 2. The accrual accounting method registers revenues billed when the actual cash is received; and registers expenses as incurred (accrued) but not necessarily as they are paid. 3. The balance sheet allows venture owners to assess how healthy the business is at a point in time. 4. Assets are defined as the tangible property that the venture owns and has accounting value. 5. Current assets represent the most liquid assets of a venture, meaning they can more easily be turned into cash.
Janet Stringer argues that "the DCF valuation method has increased managers' focus on short-term rather than long-term performance, since the discounting process places much heavier weight on short-term cash flows than long-term ones.". Comment
Which of the following consumer products comes under the purview of the CPSC?
A) aircrafts B) motor vehicles C) firearms D) children's toys