A company's product portfolio consists of its most profitable and popular products.
a. True
b. False
Indicate whether the statement is true or false
Question 2Which act raised duties to reduce the volume of imports into the United States, in the hopes that this would restore domestic employment?
a. The Export Trading Company Act
b. The Gramm-Leach-Bliley Act
c. The Sarbanes-Oxley Act
d. The Smoot-Hawley Act
Question 3The term _____ refers to the set of performance criteria and products and processes an organization intends to develop or manufacture.
a. concurrent engineering
b. early supplier involvement
c. process loss
d. technology roadmap
e. R&D plan
Question 4Business objectives should be reviewed yearly to evaluate their progress.
a. True
b. False
Indicate whether the statement is true or false
Question 5When the charter for the International Trade Organization was signed in 1948, it set forth a series of agreements which included international commercial policies, domestic business practices, and what other agreements?
a. Unilateral veto power by the Soviet Union, China, and the United States.
b. An inter-governmental agreement allowing the U.S. to administer the ITO.
c. A closed market for all electronic components.
d. Commodity agreement, economic development, employment and reconstruction, international investment, and a constitution for a new United Nations agency to administer the whole.
Question 6Using _____, suppliers are provided with functional specifications and are asked to complete all technical specifications, including materials to be used, blueprints, and so on.
a. shadow box design
b. white box design
c. gray box design
d. red box design
e. black box design
Question 7Once a marketing plan has been written, it should never be changed.
a. True
b. False
Indicate whether the statement is true or false
Question 8The evolution of European feudalism was due to a function of:
a. finance and banking.
b. trade and marketing.
c. business informatics.
d. public administration and governance.
Question 9Using _____, the supplier's engineers work cooperatively with the buying company's engineers to jointly design the product.
a. shadow box design
b. gray box design
c. red box design
d. white box design
e. black box design