A Firm or Supply Chain That Is Focused on Low

question 45

True/False

A firm or supply chain that is focused on low cost will make fundamentally different choices from those made by a company or supply chain that is focused on flexibility.

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Definitions:

Micromanagement

A management style where a manager closely observes or controls the work of subordinates or employees.

Theory Y

A management concept that assumes employees are self-motivated, enjoy work, and will seek and accept responsibility and self-direction.

Empower

To give someone the authority or power to do something or to make someone stronger and more confident, especially in controlling their life and claiming their rights.

Theory X

A theory of management that assumes employees are inherently lazy and require strict supervision and control to be productive.