The major objective of the just-in-time operating environment is to
a. create pull-through production.
b. develop a multiskilled work force.
c. substitute automation for manual operations.
d. reduce waste and improve quality and productivity.
D
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As the marketing manager for a floor tile manufacturer, Evans Smith is given a target to achieve 500 new customers by the end of summer. He decides to search the market for probable customers who might use the product but currently do not
Which of the following strategies is Evans pursuing to increase the market demand for his product? A) market-penetration strategy B) new-market segment strategy C) geographical-expansion strategy D) needs-assessment strategy E) consolidation strategy
The theory of absolute advantage measures a nation's wealth by the standard of living of its people
Indicate whether the statement is true or false