Production loss caused by downtime is an example of a(n)
A) internal failure cost.
B) external failure cost.
C) prevention cost.
D) appraisal cost.
A
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Which of the following does NOT characterize international trade in the past 30 years?
A) The number of multinational corporations has more than doubled. B) Half the largest economies in the world are corporations. C) Trade value of products and services grew even during the recession. D) U.S. companies have long been successful at international marketing. E) Home markets are just as rich in opportunity as foreign markets.
Efficiency in operations results from arranging conditions of work in such a way that human elements interfere to a minimum degree describes which management from the managerial grid?
A) Team management. B) Authority-obedience management. C) Impoverished management. D) Organization man management.