If you want to be 80% sure you did not get your valentine something unwanted, what should you avoid buying? How does the Pareto diagram show this?
What will be an ideal response?
Teddy bears, chocolates, jewelry; these are listed first in the Pareto diagram and account for 85%.
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Which of the following is a difference between people-processing and possession-processing services?
a. People-processing services refer to services that use manual labor directed at customer's assets, while possession-processing services refer to services that use technology directed at customer's assets. b. People-processing services require customers to enter the service factory, while possession-processing services typically do not require the presence of the customer in the service factory. c. People-processing services emphasize on supplementary services, while possession-processing services greatly reduce supplementary services. d. People-processing services occur when services are directed at customers' physical belongings, while possession-processing services occur when services are directed at a customer.
Which of the following statements best defines an "organization"?
A) A social convention for accomplishing individual goals through group effort. B) A collection of formally organized social entities. C) A social invention for accomplishing common goals through group effort. D) A combination of people and physical capital designed to accomplish a common goal. E) A group which accomplishes common goals through social interactions and individual effort.