1) Processes are defined as the Multiple Choice manner in which decisions are made and work is performed within the organization. norms and value systems that are shared among employees of an organization. metrics used to measure the performance of subunits. metrics used to make judgments about how well managers are running the subunits. devices used to reward appropriate managerial behavior. 2) Of all the value creation activities in a firm, __________ is concerned with the design of products and production processes. Multiple Choice production logistics human resources marketing and sales research and development 3) Rugs and More Inc. believes that by producing its products in Mexico, the company can take advantage of lower wage rates in that country. By pursuing such a strategy, Rugs and More hopes to realize Multiple Choice economies of scale. a position inside the efficiency frontier. location economies. the experience curve. demographic advantages.
1) Processes are defined as the
Multiple Choice
manner in which decisions are made and work is performed within the organization.
norms and value systems that are shared among employees of an organization.
metrics used to measure the performance of subunits.
metrics used to make judgments about how well managers are running the subunits.
devices used to reward appropriate managerial behavior.
2) Of all the value creation activities in a firm, __________ is concerned with the design of products and production processes.
Multiple Choice
production
logistics
human resources
marketing and sales
research and development
3) Rugs and More Inc. believes that by producing its products in Mexico, the company can take advantage of lower wage rates in that country. By pursuing such a strategy, Rugs and More hopes to realize
Multiple Choice
economies of scale.
a position inside the efficiency frontier.
location economies.
the experience curve.
demographic advantages.
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