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Chapter 2: Management Learning Past to Present

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solution


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Question;1.;A;grocery store is getting complaints from customers that waiting times are too;long for checkouts during certain times of the day. This problem can be solved;by the queuing theory.;2.;A;real estate developer wants to control costs and finish building a new;apartment complex on time. This problem can be solved by inventory analysis.;3.;People;and technology are outputs in an open system.;4.;Goods;and services are inputs in an open system.;5.;A;tight bureaucracy works best when the environment is relatively stable and;operations are predictable and uncomplicated.;6.;Trade;secret is an example of intellectual assets.;7.;Knowledge;management involves making decisions based on hard facts about what really;works.

 

Paper#55089 | Written in 18-Jul-2015

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