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.
C
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In the early development of strategic management as a field, what was the dominant approach to achieving strategic consensus?
A. Create strategic priorities and goals simultaneously. B. Establish strategic priorities before setting goals. C. Identify the strength and weaknesses of the firm, and then let firm-level strategic priorities emerge naturally. D. Focus on goals, and then create strategic priorities on how to compete.
If market efficiency is identified with parity, currency markets that are ________ provide no opportunities for currency traders to earn profits
A) not in parity B) in parity C) in interest rate parity only D) in purchasing power parity