Business

Compare and contrast expectancy theory with equity theory.

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The period of time that elapses between placing an order and actual receipt is the product's lag time.

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Services that must be consumed at the same time they are produced are known as perishable services.

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Scalability is the potential to increase production by expanding or replicating its initial ...

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Productivity is the measure of the efficiency at which an organization can convert inputs into outputs.

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PERT diagrams are bar charts that show production managers what projects are being worked on and ...

Started by Sadjam2

Offshoring is moving processes to markets that are closer to home in order to minimize ...

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Kaizen calls for continuous quality improvements.

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Inventory control refers to determining how much of what to have on hand at any given time.

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Customer involvement tends to be more important for goods than services.

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Capacity planning refers to making decisions about the arrangement of production work centers and ...

Started by kmoyer2

A system is an interconnected and coordinated set of elements and processes that converts inputs to ...

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A company that hires an outside firm to do its accounting and payroll function is outsourcing that function.

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Which of the following represents one of the biggest differences between quality for goods and ...

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Which of the following is the main purpose of just-in-time systems?

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Which of the following is an advantage of offshoring goods where labor is a significant part of ...

Started by Drewster127

Which of the following is a key difference between quality control and quality assurance?

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Which cyber-physical system connects computer networks to the physical world through sensors and actuators?

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When a business is built around the reputation of a single person, the business has limited ________.

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What is the goal of purchasing?

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What can a manager do to benefit from systems thinking?

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The technology known as ________ attaches small antenna tags to products or shipping containers to ...

Started by ncasson210

The point in a system where a small correction could improve the performance of the entire ...

Started by tspaw0811

The period of time between placing an order for supplies and receiving the material is called ________.

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Supply chain management refers to the business procedures, policies, and computer systems that ________.

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