The Excel tool for solving one equation with one unknown is:
a. Solver
b. Goal Seek
c. Trend function
d. NPV function
b
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Increased scrap, excessive purchases, physical abnormalities, etc. are all examples of:
a. accounting anomalies. b. external control weaknesses. c. analytical anomalies. d. unusual behavior.
According to the text, which of the following organizations was recognized as the largest global research firm based on global research revenues?
A) IMS Health Inc. B) Arbitron Inc. C) Nielsen D) Synovate E) GfK SE
JIT seeks to
a. reduce production cost while increasing quality. b. radically redesign the production process for effectiveness. c. modify all non-value-added activities. d. all of the above.
DeFeet InternationalDeFeet International started as a cyclist sock company. The founder, Shane Cooper, said that the existing socks for cyclists were just not of great quality so he made socks for his cycling team by knitting them inside out. The socks were of special materials aimed at giving the cyclist the most comfortable fit. These socks were not the traditional white socks but bright, bold, and flashy colored socks with cool graphics. These high tech socks were priced around $10 a pair. Their web site says "DeFeet is Made for Driven Soles." Soon cycling elites like Lance Armstrong and Greg LeMond were sporting the DeFeet brand. The company branched into running, hiking and snow gear. Their products include socks, armskins, calfskins, boxer briefs, gloves, and shirts for the serious
athlete. They also have a custom department where socks, armskins, and gloves can be customized with any motif including sponsor types of logos like Michelin, Pabst Blue Ribbon, or BP. Even kids can enjoy DeFeet's high quality socks. DeFeet's products can be found in retailers across the world, in more than twenty countries, like Israel, Australia, Belgium and the United States. More than two-dozen online retailers also carry their products.Refer to DeFeet. DeFeet branched from making socks for cyclists to making apparel for skiing, hiking, corporate sponsors, and kids. This is an example of which of Ansoff's strategic alternatives? A. Market penetration B. Market development C. Product development D. Diversification E. Concentration