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1 of 49
Term
In _____, the emphasis is on quality, speed, and flexibility more than on
cost, efficiency, and hierarchy, which is exemplified by
employees'authority to halt operations to correct problems.
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flexible factories lean manufacturing
, total quantity management time-based competition
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2 of 49
Term
A vertical integration strategy is a strategy:
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used to add new businesses that involves expanding
that produce related the domain of the
products or are involved in organization into supply
related markets and channels or to
activities. distributors.
an organization uses to
used to add new businesses
that build competitive
produce unrelated products advantage by being unique
or are involved in unrelated in its industry or market
markets and activities. segment along one or more
dimensions.
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3 of 49
Term
,Research, legal, accounting, and human resources departments
are examples of:
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divisional departments. staff departments.
staff departments. wide departments.
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4 of 49
Term
Which of the following departments within an organization
deals with activities such as staffing, training, performance
appraisal, and labor relations?
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Marketing Production
Operations Human resources
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, 5 of 49
Term
Which of the following is a formal planning step that focuses
on an entire venture and describes all the elements involved
in starting it?
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A business plan An organizational assessment
A venture capital agreement An opportunity analysis
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6 of 49
Term
The underlying goal of managing diversity is to:
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understand and
realize improved immigration figures. value
employee
differences.