Briefly define a "chase demand" strategy.
What will be an ideal response?
It is a way to align capacity with demand fluctuations by using resources creatively.
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What point is the text trying to make by illustrating the legal ruling in Florida that stated judges and lawyers cannot be “friends” on Facebook?
a. Codes of conduct should remain somewhat vague to encompass changing situations. b. New societal or environmental conditions may require changes to a code of conduct. c. Conflicts of interest should be addressed in codes of conduct. d. Codes of ethics are often better at handling complex situations than codes of conduct.
It is important to take a neutral stance toward ideologies and theories because ______.
A. ideas developed in North America do not apply in the global world B. it is important to look for ways to have theories developed overseas C. ideas developed in North America can apply to the global world D. most management experts are from North America, and should not be ignored
In a global economy,
a. the trade of goods and services is focused on trade between or among countries on the same continent. b. the international movement of labor is prohibited except for multilingual persons. c. the international flows of capital and information are common. d. all of the above happen in a global economy.
An assembly line to be balanced has six tasks in precedence. The task times are shown in the following table. Based on demand forecasts, the output rate has to be 160 units per day. The line operates 8 hours a day. Compute the theoretical number of work stations required (N).
a. 3
b. 4
c. 5
d. 6