Improving on Time Delivery of Results to Satisfy Customers and Reinforce

question 35

Multiple Choice

Improving on time delivery of results to satisfy customers and reinforce or expand informal networks to satisfy employees are common reasons for the expanding use of:

• A) assessment centers in selection
• B) work teams
• C) employee stock ownership
• D) synergy
• E) globalization

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Definitions:

Long-Run

A period of time sufficient for all factors of production, including physical capital, to be adjusted or for the full effects of economic decisions to be realized.

Form Utility

The value added to goods through the production process, transforming raw materials into finished products that are more valuable to consumers.

World-Class Organizations

Organizations that achieve the highest standards in their industry, delivering exceptional products, services, and customer satisfaction through continuous improvement and innovation.