Decline as governments reduced control over their economies

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1. Communism over the past few decades has been in decline as governments reduced control over their economies. What's the most likely reason why governments have done this?

a. to give citizens more political freedom

b. to stimulate economic growth

c. to shrink the welfare state

d. to decrease bureaucracy

e. to lower budget deficits

2. When asked what skill sets or capabilities they want in employees, most CEO's respond that they want people who can:

communicate effectively

act professionally

work independently

think laterally

plan efficiently

3. TRUE OR FALSE: If one of the coefficients of the objective function is changed to a value outside of its respective sensitivity range (greater than the upper limit or lower than the lower limit), the optimal solution will be different than the one originally obtained before the change is implemented.

4. T/F It is not realistic to anticipate that a supplier could reduce its costs and also to increase its quality.                             

5. T/F According to this class, the “Voice of the Customer” is best represented by the design specifications.

Reference no: EM132227373

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