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1. Which of the following is not a compelling economic reason to invest in China.
a. Increasing spending power of Chinese consumers
b. A well educated population that provides a large pool of qualified employees
c. Effective intellectual property protection and enforcement
d. Significant market potential and fast economic growth
e. Investment in infrastructure by the government and less regulations
2. When faced with various crises, free market forces and the collective action of all individuals in a society allow the market to self-correct much faster than when the government interferes and attempts to fix the problem(s).
a. True
b. False
3. The United States of America is not a pure democracy. It is rather a Constitutional Republic where the authority of the majority is limited by Constitutional protections that insure the rights of the minority and the individual.
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An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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