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Which of the following is an INCORRECT statement regarding efficiency and effectiveness?
Productivity is a measure of efficiency.
Effectiveness means doing the right things to create the most value for the company.
A process can be effective without being efficient.
Effectiveness and efficiency are two contradicting goals in most situations.
Identifies and analyzes the most important internal strengths and weaknesses (SW) of your organization: include an assessment of the organizational resources
Why do organizations grow? Whay type of major crisis is an organization likely to encounter as it grows.
A dry cleaner uses exponential smoothing to forecast equipment usuages at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of capacity. A smoothing constant of .1 is used.
1 the primary responsibility of a board of director isa formulate strategyb protect the interest of stcokholdersc
The seller cuts costs, reduces the likelihood of returns and lawsuits because of breached warranty, and is much happier. what about the consumer?
Explain the process of strategy mapping and how it relates to performance management and establishing value propositions.
The strategic approach to OB involves organizing and managing the people's knowledge
We have touched on delicate balance of successful marketing also perhaps social ethics. Explain how do we balance this with our new found POWERFUL knowledge of consumer behaviour.
Motorola obtains cell phones from its contract manufacturer located in China to serve U.S. market. The U.S. is served from a warehouse located in Memphis, Tennessee.
The Mycron Company produces three electrical products-clocks, radios, and toasters. These products have the following resource requirements: Formulate and solve a linear programming model for this problem.
answer following questions in 1-2 paragraphs each keep it simple and to the point a considering the vital role of an
A bank manager wants to determine the percent of time that tellers are working and idle. She decides to use work sampling, and her initial estimate is that the tellers are idle 30 percent of the time.
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