Correct Answer
verified
Multiple Choice
A) keep labor costs as low as possible by expanding the use of other resources.
B) produce products that have fewer frills and options in order to simplify the production process and keep costs as low as possible.
C) produce goods using less of all types of resources.
D) get state and local governments to handle many of the tasks currently performed by the firm.
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) assembly line layout
B) continuous production process
C) fixed-position layout
D) process manufacturing technique
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) grown much more rapidly than the manufacturing sector.
B) become the low-wage sector of the U.S. economy.
C) achieved extremely high productivity gains according to government reports.
D) focused less on quality and more on reducing costs of production.
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) A sensible strategy is to transport sales professionals to the world headquarters on a bi-weekly basis.
B) The business strategically moves manufacturing facilities to low-cost areas and allocates more funds toward the sales professionals to meet face-to-face with management.
C) The operation is maintained with an advanced MRP system.
D) The operation is managed with teleconferencing information technology, and telecommuting.
Correct Answer
verified
Multiple Choice
A) CAD/CAM
B) Econometrics
C) Analysis of variance
D) Statistical process control
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) Advances in information technology give firms a greater incentive to locate near big cities, because that is where they can take full advantage of these advances.
B) Western states tend to benefit the most from improvements in information technology, because most states in this region have invested heavily in Internet technology.
C) Advances in information technology will have no real effect on location decisions.
D) Advances in information technology will give firms more flexibility in their location decisions by reducing the need to locate close to sources of labor.
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
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