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A flexible benefit plan allows an employee to allocate a predetermined amount of benefit dollars to various categories of benefits to design a benefit mix that best fits that employee’s needs.

Deere and Company, the maker of John Deere tractors, was one of the first firms to combine robotics and computer-integrated manufacturing. By doing this, it achieved more efficiently utilized facilities and greater flexibility in production. The method of production that has given Deere these tremendous improvements in operations is known as

The ____ is an award given by the president of the United States to organizations that apply and are judged to be outstanding in specific managerial tasks.

The number of customers that an Outback Steakhouse can serve at one time is the restaurant’s

An analyst in the corporate finance department at Chase Manhattan Bank has been assigned to an interdepartmental project involving a major client. He must report to two different supervisors⎯the project manager and the manager of his department. This sort of organizational structure is called a ____ structure.

The most humane form of workforce reduction is

The choice of a particular location for production facilities

A synthetic process combines raw materials or components to create a finished product.

Purchasing personnel need not worry about a tiny difference in price when a large quantity is being bought.

Companies like Southwest Airlines and Saturn attribute a great deal of their success to their strong corporate cultures, which is inaccurate. In reality, research has determined that, over time, corporate culture has only a marginal influence on firm performance.