The total time required by a company to deliver a finished product that satisfies customers' needs is referred to as the:
a. product lead time.
b. time signature.
c. standard time.
d. cycle time.
a
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Which of the following plays the most important role in government buying?
A) price B) product differentiation C) advertising D) personal selling E) customer relationship management
The Merchandise Inventory account balance at the beginning of the current period is equal to the amount of ending Merchandise Inventory from the previous period.
Answer the following statement true (T) or false (F)
Which of the following is a major drawback of the bottom-up approach to Six Sigma projects?
a. The projects are too broad in scope to be completed in a timely manner. b. The projects are not well suited to the capabilities of the teams as they are chosen by top management who may not be aware of the capabilities of the teams. c. The projects receive little support and low recognition from the top management. d. The top managers underestimate the cost and overestimate the capabilities of the team or teams to which the project is assigned.
Which of the following is not considered to be part of the upper echelon leadership of an organization?
a. president b. chief operating officers c. top management team d. top department leader