Punctuated equilibrium describes organizations as evolving through relatively long periods of stability punctuated by relatively short bursts of fundamental change

Advertising agency Young and Rubicam (Y&R) developed a model of brand equity called BrandAsset® Valuator (BAV). What is the intent of the BAV model? List and briefly characterize the four key components (pillars) of brand equity

What will be an ideal response?

In a lean system, the key to continuous improvement is the understanding that excess capacity or inventory hides problems on the shop floor and thus prevents waste sources from being identified and eliminated

Indicate whether the statement is true or false