A Firm That Increases Capacity at the Beginning of Each

question 162

Multiple Choice

A firm that increases capacity at the beginning of each period to stay ahead of demand uses the ________ approach.

• A) lead with an incremental expansion
• B) lead with a one-step expansion
• C) lag with an incremental expansion
• D) lag with a one-step expansion
• E) straddle

---

Definitions:

Shared Values

Core beliefs or principles that are collectively regarded as important by members of a group, organization, or society.

Common Cultural Assumptions

are the shared beliefs and values that are implicitly understood and followed by members of a particular culture.

Geert Hofstede

A Dutch social psychologist best known for his research on cross-cultural groups and organizations, especially for his theory of cultural dimensions.

Daimler Benz

A global automobile manufacturer known for producing high-quality, luxury vehicles; now part of Daimler AG.