Business decisions can be made by focusing mainly on the benefits of a decision because most costs are fixed.
Correct Answer:
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Q37: Popular management jargon includes
A)benchmarking.
B)empowerment.
C)lean manufacturing.
D)total quality management.
E)all
Q38: If firms focus on quality
A)sales always go
Q39: While a focus on quality can lead
Q40: The Dodd-Frank bill is new financial regulation.
Q41: To an economist, all choices have costs.
Q43: To know the customer is to understand
Q44: Business decisions must be undertaken with a
Q45: The personality of the business leader is
Q46: Economics can be viewed as a way
Q47: Good management always seeks to add value.
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