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Narrative 1-1 Krispy Kreme Has Been Described by Many as "The Hottest

question 22

Multiple Choice

Narrative 1-1
Krispy Kreme has been described by many as "the hottest brand in America." The company's success in an environment that is not conducive to food operations succeeding is due to a mix of "shrewdness, original thinking, and entrepreneurship." The company originated in Winston-Salem, North Carolina, where it still operates a plant that fills a 23 kg bag with donut mix every seven seconds. It recently opened a new plant in Effingham, Illinois, that fills a bag every three seconds. This second plant allows the company to reduce costs while increasing its output. Vernon Rudolph founded and ran the company until 1973, when he died without naming a successor. His death caused the company problems for the next decade.
-Refer to the Narrative 1-1.According to the textbook,managers need four skills to be successful.The fact that Rudolph was a skilled baker indicates he had which type of skill?

Definitions:

Observations

The act of watching carefully with attention to details for the purpose of gathering data.

Experiment

A scientific procedure undertaken to test a hypothesis by manipulating and measuring variables to observe the effect.

Independent T-tests

A statistical test that compares the means of two independent groups in order to determine if there is a statistically significant difference between them.

Statistical Difference

A significant change or discrepancy between groups or conditions that is unlikely to have occurred by chance.