Reference no: EM132262614
1. ISO 9000 is a series of standards covering environmental management systems, auditing, labeling, and life-cycle assessment. a) True b) False
2. When calculating ranges for particular variables, it is mathematically possible to obtain negative variables. a) True b) False
3. A useful tool for controlling processes such as quality, scrap, turnover, revenues, progress, costs, and so on is the _________ _________.
4. With respect to strategy maps and balanced scorecards, which of the following is false? a) Both address four perspectives: financial, customer, internal business process, and learning and growing perspectives b) Strategy maps represent an easier way to develop a balanced scorecard c) Both serve to monitor the cause-and-effect relationships identified through the development of a balanced scorecard d) Employees’ understanding of strategy interactions is enhanced through their use
5. One of the most common errors when monitoring data is to gather information that has little or no probability of changing significantly from one collection period to the next. a) True b) False
6. The balanced scorecard approach relies not only on financial performance measures, but includes customers, internal business processes, and organizational learning and growth. a) True b) False
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Professional corporation and partnership
: Explain in your own words the difference between a sole proprietorship, a professional corporation and a partnership.
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Shipment and is ecstatic that they got double quantity
: Blamco receives the incorrect shipment and is ecstatic that they got double the quantity and a higher quality than what they were expecting.
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Corporation are considered to have limited liability
: Explain in your own words why shareholders in a corporation are considered to have “limited liability”
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Define leadership style and transactional leadership
: Define leadership style, transactional leadership, and transformational leadership (include 5 types of innovation) according to the text.
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Standards covering environmental management systems
: ISO 9000 is a series of standards covering environmental management systems, auditing, labeling, and life-cycle assessment.
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Accept delivery of the entire shipment
: You open one case to inspect the goods and determine they are exactly what you had ordered so you accept delivery of the entire shipment.
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Activity time variability with path interdependencies
: Three phenomena that tend to bias the expected completion time of projects are inflated time estimates, activity time variability with path interdependencies,
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Some of most significant decisions made by organizations
: Some of the most significant decisions made by organizations, frequently strategic decisions, are made on the basis of quantitative forecasts.
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Level of customization usually found in job shops
: In cellular production the cellular form allows for a level of customization usually found in job shops.
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