Author Question: Which of the following statements best illustrates the changing scenario of operations management in ... (Read 62 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
Which of the following statements best illustrates the changing scenario of operations management in American business over the past few decades?
 A) The nonfarm labor force is increasingly joining the goods-producing sector.
  B) The current trend in value chain design is to rely more on vertical integration and less on outsourcing.
  C) There has been a shift from mass customization to mass production.
  D) There has been a fundamental shift away from the production of goods toward a service-based economy.

Question 2

Paul, an employee at a well-established bank, offers free financial advice to account holders. Paul is offering a _____.
 A) good
  B) product
  C) service
  D) process



meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

For a complete list of videos, visit our video library