Flexible Production Systems Typically Involve Using Information Technology to Share

question 8

True/False

Flexible production systems typically involve using information technology to share the details of customer orders,programmable equipment to fulfill orders,and skilled people to carry out whatever tasks are necessary to fill an order.They are less complicated and require less cooperation than do mass production systems.

Analyze the impact of fluctuating interest rates on loan repayment schedules.

Determine the legal due dates for promissory notes based on specific terms and conditions.

Calculate simple interest and main concepts.

Determine the maturity value of investments.

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Definitions:

Referent Power

A form of influence based on the leader’s ability to cultivate respect, admiration, and loyalty among followers.

Respect

A feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements.

Coercive Power

is the ability to influence others' behavior through threats, punishment, or other negative sanctions, relying on fear to gain compliance.

Ostracism

The social or professional exclusion of an individual by their peers or organization, often resulting in negative psychological and emotional consequences.