Which type of innovation involves introducing an existing product or service to a new market?
A) concept change
B) discontinuous innovation
C) context change
D) cosmetic change
E) style change
C
Business
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For the lot-sizing technique known as lot-for-lot to be appropriate:
A) future demand should be known for several weeks. B) setup cost should be relatively small. C) annual volume should be rather low. D) item unit cost should be relatively small. E) the independent demand rate should be very stable.
Business
Which of the following is NOT a characteristic of a good business rule?
A) Declarative B) Atomic C) Inconsistent D) Expressible
Business