What Is a Key Issue Facing Managers of the 2000s

question 7

Multiple Choice

What is a key issue facing managers of the 2000s with respect to production technology?

• A)Using the technology while maintaining an adequate level of complexity vs.simplicity
• B)Balancing price of the technology with the benefits of its use
• C)The choice between reformulating strategies and reorganizing or using the technologies for incremental improvements
• D)Integrating CAD/CAM into their factories
• E)Ensuring all parties understand the technology

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Definitions:

Utilization

In finance, utilization can refer to the degree to which a company’s resources or assets are being used efficiently to generate revenues or profits.

Acquiring Firm's Assets

Refers to the assets that a company takes control of as a result of purchasing or merging with another business, contributing to its overall asset base.

Friendly Mergers

Mergers that are agreed upon and pursued by both the acquiring and the target companies, often with mutual benefits in mind.

Unfriendly Tender Offers

Acquisition proposals made by one company to buy another company's shares directly from the shareholders, often without the approval of the target company's management.