RMG 434 Chapter Notes -Themar, Wikinomics, Rei

2. Forecasting labour supply and demand can use statistical methods or: a) Events b) Trends c) Judgement d) Downsizing e) Estimation

3. Which of the following best describes the production orientation? a) Manufactured goods would sell regardless of their quality, because they were in short supply. b) Businesses have one or more departments specifically designed to understand consumers' needs and readily share this knowledge across departments. c) Production capabilities exceeded regular demand, competition increased and reaching new markets became more complex. d) It uses customer relationship management software. e) It uses production management software