________ Developed a Categorization Scheme for Defining What Managers Do

question 41

Multiple Choice

________ developed a categorization scheme for defining what managers do, consisting of 10 different but highly interrelated roles.

• A)Henri Fayol
• B)Robert L. Katz
• C)Henry Mintzberg
• D)Henry Ford

Understand the concept of value streams within lean manufacturing.

Recognize the differences between push and pull production systems.

Learn how to calculate the ending balance in finished goods inventory.

Understand the impact of lean principles on reducing waste and its importance to the triple bottom line.

---

Definitions:

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize law among states.

Conflict-Of-Law

A legal discipline that addresses discrepancies and disputes involving the application of laws from different jurisdictions or countries.

International Law

A body of rules and principles that governs the relations and conduct of nations and international organizations.

Magnuson-Moss Act

A federal law enacted in 1975 that governs warranties on consumer products to protect consumers from deceptive warranty practices.