A ________ is a group of workers who assume responsibility for performing all the operations necessary for completing a specified stage in the manufacturing process
A) quality circle
B) control group
C) flexible work team
D) kaizen group
C
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Positioning is ____.
A. When a product claims benefits or differentiation that no group of customers care about B. A space in a market for which a product is ideally suited C. An advertising copy D. A strategy for defining and portraying brands/products in ways that cause ideal customers to perceive them as the best solution for their needs
Martin Production Co is considering investing in specialized equipment costing $975,000
The equipment has a useful life of five years and a residual value of $75,000. Depreciation is calculated using the straight-line method. The expected net cash inflows from the investment are given below: Year 1 $275,000 Year 2 220,000 Year 3 200,000 Year 4 200,000 Year 5 180,000 $1,075,000 Compute the accounting rate of return on the investment, Show your calculations and round to two decimal places. What will be an ideal response