Assume You Own and Operate a Small Printing and Specialty

question 26

Multiple Choice

Assume you own and operate a small printing and specialty advertising business that employs 25 persons.With increased health care costs and related insurance premiums you are contemplating the cancellation of health and hospitalization insurance for your employees.Your decision may cause your employees to become greatly concerned about:

• A)self-esteem needs
• B)affiliation needs
• C)safety and security needs
• D)self-actualization needs

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Definitions:

Forecasting Capacity Requirements

The process of predicting the resources (such as machinery, labor, and space) needed to meet product demand at a future time.

Product Life Cycle

The progression of a product through different stages from introduction to growth, maturity, and decline in the marketplace.

Assembly Chart

A graphic means of identifying how components flow into subassemblies and final products.

Exploded View

A diagram or illustration that shows the components of an object slightly separated by distance or suspended in surrounding space, depicting the relationship or order of assembly of various parts.