Research conducted by Harvard Business School found that the traditional 4 Ps model:
a. helps businesses promote themselves as important sources of information and problem solving.
b. is narrow and outdated.
c. is highly relevant in a modern business environment.
d. under-emphasizes product technology and quality.
b. is narrow and outdated.
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The first question in a questionnaire should be intentionally difficult and complicated in order to weed out uninterested respondents
Indicate whether the statement is true or false
Inter-Ocean Transfer owns 12 large cargo ships which transport goods. Inter-Ocean Transfer can obtain physical damage insurance on these vessels by purchasing
A) hull insurance. B) cargo insurance. C) protection and indemnity insurance. D) freight insurance.
Approximately what percentage of U.S. hospitals use Lean Six Sigma approaches?
a. 5 b. 10 c. 15 d. 20
Using the fixed-time-period inventory model, and given an average daily demand of 15 units, 3 days between inventory reviews, 1 day for lead time, 30 units of inventory on hand, a service probability of 98 percent, and a standard deviation of daily demand is 3 units, which of the following is the order quantity?
A. About 36.3 B. About 56.8 C. About 42.3 D. About 59.8 E. About 30.4