Managers perform an external analysis so that they know about ________

A) the firm's basic beliefs and ethical priorities
B) what the competition is doing
C) what customers want
D) their organization's core competencies

Answer: B

Business

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The state of Idaho has a two-year statute of limitations for personal injury actions. Graham was injured by Alice in a car accident on January 1, 2011

If Graham wants to bring a lawsuit against Alice on January 15, 2013, which of the following is most likely to be the outcome? A) Graham is allowed to sue Alice after appealing for an extension of the statute of limitations. B) Graham is not allowed to sue Alice, having lost his right to sue her. C) Graham can sue Alice but will not receive damages. D) Graham can sue Alice but is not entitled to a jury trial.

Business

Which one of the following statements regarding the Toyota production system is BEST?

A) It is particularly well suited for making irregularly used parts and customized "specials." B) It is a "push system," with orders pushed out in anticipation of future requirements. C) Each container has either a withdrawal or production-ordering Kanban. D) It does not use poka yoke or 5S practices.

Business