Some of the reasons an organization may decide to buy rather than make are: greater supply assurance, stringent quality requirements, and very small quantity requirements.

Answer the following statement true (T) or false (F)


False

Business

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Mobile phones are available to almost every socioeconomic stratum

Indicate whether the statement is true or false

Business

Which of the following is true of the BCG matrix approach?

A) It is inexpensive to implement. B) It does not have any limitations. C) It considers market growth rate to be a measure of market attractiveness. D) It describes consumer motivations and needs. E) It does not consider relative market share to be a measure of company strength in the market.

Business

JIT concepts

a. can be effectively implemented in organizations that are only partially automated. b. are only appropriate for use with CIM systems. c. involve shifting from a capital-intensive to a labor-intensive process. d. require full computerization of the JIT manufacturing process.

Business

All but one of the following are valid reasons for doing away with private offices. Identify the reason that is not valid

A. Private offices complicate supervision. B. The cost of a private office is considerably higher than for a general office. C. Most employees would rather work in a general office area than in a private office. D. Private offices impede communication between individuals.

Business