Supply chain complexity and scale increases when firms:
Supply chain complexity and scale increases when firms: A) manage the procurement, manufacturing, and distribution functions themselves. B) produce products and services that coordinate with hundreds or more firms and suppliers. C) mov
Job enlargement is based on the premise that the best way to design a job is to break it down into ...
Job enlargement is based on the premise that the best way to design a job is to break it down into its simplest form and to standardize each task. True or False?
A producer of inkjet printers is planning to add a new line of printers, and you have been asked to
A producer of inkjet printers is planning to add a new line of printers, and you have been asked to balance the process, given the following task times and precedence relationships. Assume that cycle time is to be the minimum possible.
In a(n) ________, a domestic small business forms an alliance with a company in the target nation ...
In a(n) ________, a domestic small business forms an alliance with a company in the target nation for the purpose of exporting to that market. A) foreign joint venture B) trade intermediary C) domestic joint venture D) export mana
Which of the following is not an asset-based financing technique?
Which of the following is not an asset-based financing technique? A) Discounting accounts receivable B) Inventory financing C) Term loan D) None of the above
Many central business districts suffer from intense competition, high rental rates, traffic ...
Many central business districts suffer from intense competition, high rental rates, traffic congestion, and inadequate parking facilities. True or False?
When investing surplus cash, the small business owner's key objectives should be:
When investing surplus cash, the small business owner's key objectives should be: A) high yields. B) current income. C) liquidity and safety. D) long-term yield.
If an account receivable becomes past due, the best strategy is simply to wait; statistics show that ...
If an account receivable becomes past due, the best strategy is simply to wait; statistics show that customers eventually pay their bills if business owners do not bother them with repeated collection attempts. True or False?
People communicate every day. But very rarely do we think to take the communication process apart and examine its internal structure and processes. Since we are learning about communication in this chapter, take a few minutes to reflect on your exper
Suppose a manager knows she will have to fire some workers
Suppose a manager knows she will have to fire some workers by the end of the month. Describe the decision-making process based on utilitarianism, rights, justice, and care.
According to your experience from working in teams
According to your experience from working in teams at work or school, between the five-stage model and punctuated equilibrium model, which one more accurately describes your own experience?
People frequently use team and group interchangeably.
People frequently use team and group interchangeably. For example, in many classes assignments involving more than one student are referred to as team projects or group projects without causing much ambiguity. But does that mean teams and groups are
Reflect on your dream job (if you don't have one yet, think of the best job you know) and identify the features and characteristics that make it your dream job.
Suppose a manager knows she will have to fire some workers
Suppose a manager knows she will have to fire some workers by the end of the month. Describe the decision-making process based on utilitarianism, rights, justice, and care.
If you are working or have worked before, share with the rest of the class how your pay was calculated. And from your own perspective, discuss the pros and cons associated with the way your employer-paid/are paying you.
Do you agree with these theories? If yes, can you think of one or a few examples for these theories? If not, why? Is it because they didn’t capture the full range of needs that people have? Or their approach of assessing motivation through needs is f
Now we have discussed both types of theories of motivation
Now we have discussed both types of theories of motivation, do you prefer the needs theories to the process theories or the process theories to the needs theories? According to your own experience, which one captures real life more accurately? Finall
Professional reinsurance companies: (Multiple Choice)
Professional reinsurance companies: A) engage only in reinsurance transactions B) make up only a small part of the reinsurance market C) are located only in the United States D) also act as primary insurers
Fergie is a salaried claims adjuster who works exclusively for Mutual of Kentucky Insurance. What ...
Fergie is a salaried claims adjuster who works exclusively for Mutual of Kentucky Insurance. What kind of claims adjuster is Fergie? A) Independent B) Public C) Private D) Direct
In Jason's agency contract, the insurer authorizes him to sell insurance policies. What type of ...
In Jason's agency contract, the insurer authorizes him to sell insurance policies. What type of authority is this? A) Actual B) Express C) Incidental D) Both A and B
Jerry works as a claims adjuster. He is hired by insurance companies on a contract basis to adjust ...
Jerry works as a claims adjuster. He is hired by insurance companies on a contract basis to adjust claims when they need his services. What kind of claims adjuster is Jerry? A) Independent B) Public C) Private D) Direct
When a $1 million insured loss occurs and $300,000 of the loss is reinsured, the policy holder of ...
When a $1 million insured loss occurs and $300,000 of the loss is reinsured, the policy holder of the primary company will receive: A) $1 million from the primary company B) $1,000,000 from the primary insurer and $300,000 from the reinsure
Which of the following is not a type of reinsurance arrangement?
Which of the following is not a type of reinsurance arrangement? A) Facultative reinsurance B) Treaty reinsurance C) Pro-rata reinsurance D) Cooperative reinsurance
