Management at ViviTech is looking for ways to increase the power of the firm's employees. They should consider all of the following EXCEPT which?

A. Job enlargement
B. Enrichment
C. Standardization
D. Relying on self-managed teams


Answer: C

Business

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Which of the following can be categorized as a strategic customer-based value metrics?

A) RFM value B) acquisition cost C) market share D) share of wallet

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A firm has two partners: Jim and Bill. Jim owns 60% of the partnership and Bill owns 40%. In which of the following transactions will the partnership be held responsible for an individual partners' actions?

A) Jim signs a contract as a guarantor for Bill's personal loan. B) Jim buys a laptop on credit for personal use. C) Bill signs a contract to buy furniture for official use in the partnership. D) Bill defaults on payment of his personal credit card bill.

Business

When a market segment is large or profitable enough to serve, it is termed ________

A) measurable B) accessible C) substantial D) actionable E) differentiable

Business

Which of the following statements about decision-making is true?

A) Risk should not be taken into account. B) Objectives should be quantitative and not qualitative. C) Opportunity cost should be considered. D) Sunk costs should usually be taken into account.

Business