What should be the goal of product objectives and strategy

Assignment Help Operation Management

Reference no: EM132194841

1. I have asked you to explain body movement to a group of new hires, addressing the areas noted below.

a. shifting one's body continuously while seated

b. twirling and playing with one's hair

c. sitting in a sprawled position

d. rolling one's eyes

e. extending a weak handshake

Describe what the body movements suggest when someone exhibits them during a conversation. How do such movements influence the interpretation of spoken words?

2. In addition to providing focus and direction, what should be the goal of a product objectives and strategy?

A. Increasing the return on investment

B. Increasing the product line length

C. Leveraging the brand and product line

D. Creating products that grow and mature

E. Being consistent with the firm's overall mission

3. Which of the following is a disadvantage of using simulation?

Simulation models warn against poor decision strategies by projecting disastrous outcomes such as system failures, large financial losses, and so on.

Experimenting directly with a simulation model is often not feasible.

The simulation models are used to describe systems without requiring the assumptions that are required by mathematical models.

Each simulation run provides only a sample of how the real system will operate.

4. The Truth in Lending Act includes _________________.

open-end credit and closed-end credit, but not credit card applications and solicitations

open-end credit, closed-end credit, and credit card applications and solicitations

closed-end credit

credit card applications and solicitations

open-end credit

Reference no: EM132194841

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