If a company standardizes on the components that are used in different models, it will:
A) reduce the variety of options offered to the customer.
B) reduce the length of production runs.
C) reduce waste.
D) require the use of general-purpose machinery.
C
Business
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Which of the following is not a feature of the Terrorism Risk Insurance Act of 2002?
A) Losses that exceed $100 billion are not covered. B) The law does not apply to acts of international terrorism when losses are less than $5 million. C) Government pays 50 percent of losses in excess of $100 billion. D) Government pays 90 percent of the losses.
Business
The board of directors serves as an interface between the stockholders of an organization and its operating management
Indicate whether the statement is true or false.
Business