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True or false
1. Sara Lee sells the right to use its recipes to an Indonesian baking company which sells them under its own name. This is franchising.
2. Fruit of the Loom moved its production facilities to South Korea. This is an example of off-shoring and insourcing.
3. Walmart is not a multi-national corporation because it is headquartered in Arkansas.
4. North Americans & Northern Europeans tend to speak very directly - ie, what they say is what they mean. This is an example of low context cultures.
5. Cultures differ in many ways, but time is a constant, so all people view its use in the same way.
6. Subway changes what it puts in its sandwiches sold in foreign countries to meet local tastes. This is an example of ethno-centrism on the part of Subway.
What are the key characteristics of models? Explain the difference between descriptive and explanatory models. Are decisions in business based on models? Give an example.
Evidence of the growth and influence of supply management in an organization includes: The return on assets effect (ROA) quantifies and measures:
Customers and customer relations are critical to the success of a company today. Who talks to external customers, what are the policies for customer service, are they effective, and how could they be improved? What is the company’s customer satisfact..
Warrenia has two regions. In Oliviland, the marginal benefit associated with pollution cleanup is MB = 300 – 10Q, while in Linneland, the marginal benefit associated with pollution cleanup is MB = 200 – 4Q. Suppose that the marginal cost of cleanup i..
Design collaboration with suppliers can help a firm reduce cost, improve quality and decrease time to market. Support this statement with a brief explanation. What are the best practices for an effective design collaboration?
The principle that someone who could solve the problem (17/3.22) + 552 = could also solve the problem 4+9-3 = illustrates the underpinnings of:
A company has tool cribs where workmen draw parts. Two men have applied for the position of distributing parts to the workmen. George Fuller is fresh out of trade school and expects a $6 per hour salary. His average service time is 4 minutes. What is..
Starting in 2004, Chuck and Luane have been purchasing Series EE bonds in their name to use for the higher education of their daughter Susie, who currently is age 18. During the year, they cash in $12,000 of the bonds to use for freshman year tuition..
Using the responsibility assignments you made in Chapter 4 and the baseline schedule you developed in Chapter 5, now develop a resource requirements table (similar to Figure 6.3).
The United Auto Workers union enters into contract negotiations with the Ford Motor Company in Michigan. What are the three main subject areas the UAW can negotiate with Ford?
Based on se needs, explain how would you structure various types of communications-memos, voice mail message, also so forth-for a virtual worke.
The owner of Genuine subs, inc hopes to expend the present operation by adding one new outlet. She has studied three locations .each will have the same labor and materails cost of $ 1.76 cents per sandwiches sell for $ 2.65 each in all locations. Det..
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