According to the Gavin article, which of the following is NOT an actMty that learning organizations are skilled at?
Answer(s): B
5 actMties learning organizations are skilled at Garvin1. Systemic problem soMng2. Experimentation with new approaches3. Learning from their own experiences and past history4. Learning from experiences of others5. Transforming knowledge quickly and efficiently
Which of the following is NOT a rule for choosing the right measurement?
Measure more is not a rule for measurement. Should only measure what is needed, not everything.
What would MOST likely indicate that a process should be reengineered rather than incrementally improved?
Answer(s): A
A process should be reengineered when there is a large gap between customer requirements and performance.
Service level cost what as the service level increases?
Answer(s): C
Service level cost increases exponentially as the service level increases.
Using the following information calculate the payback period Purchase Price = $50,000Life span of new machine = 7 yearsAnnual earnings before depreciation and tax = 20,000
Payback Period = Initial cash investment/ annual net cash income=50000/20000= 2.5 years
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