Which of the following is a lean production technique that is not reported in the textbook to have been successfully applied in service firms?
A. Elimination of unnecessary activities
B. Upgraded housekeeping
C. Upgraded quality
D. Organization of problem-solving groups
E. Frozen windows
Answer: E
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The use of financial leverage by the firm has a potential impact on which of the following? (1)The risk associated with the firm.(2)The return experienced by the shareholder.(3)The variability of net income.(4)The degree of operating leverage.(5)The degree of financial leverage.
A. 1, 3, 5 B. 1, 2, 5 C. 2, 3, 5 D. 2, 3, 4, 5 E. 1, 2, 3, 5