Suppose the World Demand for Copper Is About 8,600,000 Tons

question 117

Multiple Choice

Suppose the world demand for copper is about 8,600,000 tons per year and the static reserve is about 36. What are the known global reserves for copper?

• A) about 310 million tons
• B) about 360 million tons
• C) about 239 million tons
• D) less than 220 million tons

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Definitions:

High Performance Work Systems

Organizational approaches designed to enhance employee effectiveness and productivity through improved work practices and technologies.

Employee Involvement

Programs and practices that encourage employees to contribute ideas and participate in decisions that affect their work and the organization.

Reengineering

The radical redesign of business processes to achieve dramatic improvements in productivity, cycle times, and quality.

Continuous Improvement

An ongoing effort to improve products, services, or processes by making incremental improvements over time or implementing significant process changes.