The three primary functions that exist in most business organizations are. manuf

Question

The three primary functions that exist in most business organizations are. manufacturing, production, and operations. operations, marketing, and finance operations, accounting, and marketing. operations, production, and finance. none of the above Which of the following is not a general approach to decision making? The use of models An emphasis on subjectivity Analysis of trade-offs Quantitative methods. A systems approach. Which of the following is not a recent trend in business? Speed and flexibility. Total quality management. Zero-base budgeting. Global competition Technological change. Which of the following is not generally considered to be a benefit of using models? Provide a standardized approach to problem solving. Enable managers to ask "What if...?" questions. Require users to organize information. Increase understanding of the problem Inclusion of qualitative information. The fact that a few improvements in key areas of operations will have more improvements in other areas is referred to as the: Irwin phenomenon Pareto phenomenon Stevenson phenomenon Tellier phenomenon Adam Smith phenomenon Which of the following is not an emphasis in Japanese manufacturing? price problem solving worker involvement quality and continual improvement customer satisfaction Productivity is expressed as: output plus input. output minus input output times input output divided by input input divided by output A significant reason why U.S. productivity is the highest in the world is high agricultural productivity high manufacturing productivity high labor productivity high savings productivity.

Explanation / Answer

1. b. Operations, marketing and finance

2. c. analysis of trade offs.

3. c. zero base budgeting

4. a. Provide a standardized approach to problem solving

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