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Question 17.17. (TCO 7) What are the three interrelated reports
required by law for all publically traded companies that act as vital
management tools for all companies, big and small? (Points : 5)
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BUSN 115 Final Exam Set 1

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Question 1.1. (TCO 7) Some of the characteristics of lean systems
include which of the following? (Points : 5)
They take twice the human effort.
They have the same defects in the finished product.
They require half of the engineering effort.
They use half the floor space for the same output.
They carry 50% more inventory.
Question 2.2. (TCO 7) Mass customization means (Points : 5)
tailoring products to meet the needs of a large number of
individual customers.
fewer and fewer manufacturers are learning to customize their
products.